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Technology Stocks : THQ,Inc. (THQI)

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To: TraderGreg who wrote (13299)2/11/2000 7:57:00 PM
From: Raymond James Norris  Read Replies (1) of 14266
 
TG:

One thing I have learned from the past three yrs of these message boards is this:
NOONE WHO IS ACTUALLY FLAT A STOCK SPENDS THEIR TIME TRASHING IT OR PRAISING IT.


I am not trashing THQI. I posted that the long term uptrend line has been broken. That is a valueless statement. It's a fact you can't refute. It's like saying, "THQI had 25 cents in EPS last quarter). You can't argue that away.

I think it'd be easier for you to ignore the chart believing I had a vested interest in seeing this stock's price depreciate. I don't. Why else would I post in December the stock is weak and then come back 2 months later to say it's even weaker?

Let me tell you why anyone doing that would be wasting his/her time. 95% of orders are retail orders by small investors like many on this board. However, the 5% of institutional orders accounts for more than 80% of the volume on the Nasdaq.

That in and of itself should explain why hyping on stock message boards is futile unless the stock being hyped trades infrequently.

But you can consider me a short if it makes you sleep easier at night.

Conservatively Yours,
Raymond J. Norris
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