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Technology Stocks : THQ,Inc. (THQI)

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To: Marc Newman who wrote (7819)8/31/1998 5:54:00 PM
From: Don Westermeyer   of 14266
 
Marc,

I bailed on MWY after last Q's earnings were released and somewhat disappointing short term outlook. I might still be in it except I have been raising cash to buy an apartment complex. MWY is still a buy IMO if you can wait it out for a year. The stock is now down 20%+ from where insiders heavily bought into it. The company has also been aggressively buying back stock. Those are two big plusses that THQI unfortunately hasn't had (yet). All that hasn't helped the price of MWY stock though.

The internut stocks are, well in short, pigs that are headed for slaughter.
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