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Technology Stocks : THQ,Inc. (THQI)
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To: Brian MacDonald who wrote (3330)2/12/1998 10:18:00 PM
From: Todd D. Wiener  Read Replies (1) of 14266
 
Brian-

The TA is certainly not positive. But there is nothing to be alarmed about yet. Hopefully, the stock will find support by early next week around $20.50. From that point, I expect it will perform a slow reversal (unless we get an analyst upgrade) and begin to head up at the end of next week. Remember, only 8 more trading days left. 2/24 after the close. If earnings were not around the corner, I'd be concerned with THQI's TA. But FA may bail us out.

Todd
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