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Technology Stocks : THQ,Inc. (THQI)

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To: dick west who wrote (9413)1/23/1999 1:18:00 PM
From: Jim Oravetz   of 14266
 
IMHO, this retreat in price was an over reaction to the GA/WWF deal. Maybe this will lead to some legal action that will drain some $$ away from the real company focus. THQI has cash in the bank, and if they percieve it as a contract violation they will persue it.

As for the Sr. VP selling 50K shares: Who knows what he will do with the dough. 50K * $26 = $1.3M. Maybe he is buying that dream house in sunny and expensive CA? Maybe that boat to cruise around in? The sale may have been preplanned and just happened the day the stock dropped.

Long on THQI
Jim
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