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Technology Stocks : THQ,Inc. (THQI)

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To: MikeD who wrote (11948)11/5/1999 12:29:00 PM
From: Marc Newman  Read Replies (1) of 14266
 
Cribbed from Yahoo--the sector is doing great. McGowan was on CNBC last night and said he was expecting about 7 billion in sales for 99, and now thinks it will be closer to 8 billion. His quote was that the video game industry is on "Fire." This compares to 6.4 billion last year.

Meanwhile, the stocks in the industry are perking up again. ERTS and EIDSY and MWY are very strong, TTWO is breaking out, ATVI is back above $15, GTIS had another little spike and will probably be taken out soon (though possibly for a very low price). And THQ bottomed and is ready for the run now. AKLM is suffering badly, but that could change when it announces its ECW license in less than two weeks.

Marc
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