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Technology Stocks : THQ,Inc. (THQI)

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To: JEFFREY S. FENDER who wrote (12400)12/16/1999 2:23:00 PM
From: MikeD  Read Replies (1) of 14266
 
I can honestly say that when I actually purchased more stock this morning, before I posted, Todd's comment wasn't on my mind. Whether or not you believe me is up to you.

My rational was that yes, it was undervalued before, but due to the weighting of THQ in my portfolio, which is large, until it hit the low 30's I was averse to picking up more. Did Todd's comment figure into my equation for picking the low 30's? Yes it did, but so did my watching of the way this stock seems to trade as well. I've been in it for almost 3 years now. I made my decision to buy because I saw further weakness from yesterday's trading and decided that I had reached my 'comfortable' bottom, and was ready to take on more shares.

BTW, I haven't sold a single share in quite some time. If I hadn't seen THQ as undervalued in general, wouldn't I have sold some of my holdings earlier?
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