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Technology Stocks : THQ,Inc. (THQI)
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To: Sigmund who wrote (8574)11/14/1998 4:58:00 AM
From: Kory   of 14266
 
Curiosity from the 10-Q cash flow statement:

Earlier this year, THQ purchased some "Investment Securities" for $1,081,000. In this quarter they sold them for $863,000 and therefore recorded a loss of $218,000 on the transaction.

Does THQ hedge (foreign currency, etc.)? Did not see anything like this in 1997. Anyone have any idea what this is all about?

Kory
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