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Technology Stocks : THQ,Inc. (THQI)

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To: Todd D. Wiener who wrote (13433)2/18/2000 2:11:00 AM
From: AreWeThereYet  Read Replies (1) of 14266
 
Todd,

>> To stem the stock's slide, THQ announces the acquisition of Genetic Anomalies, hoping that an Internet-related announcement would spark a rally like that of Electronic Arts'. <<

I believe the GA acquisition was in the bad since Jan, 1999 when GA announced Online Collectible Game for WWF. At that time, THQ and JAKK had already won the exclusive right to publish WWF games on ALL platforms.

I too feel shocked by latest management move. No matter what the outcome Q3/Q4 will be, the credibility of BF is seriously damaged by the contradiction in the PR and the closed meeting with selective analysts. Strong Buy rating maintains by Pipar is a good sign because it recently downgraded MWY. Hopefully $17.38 is indeed a weak hammer. The chart does not confirm that though.

Complaining since 1999 H2 but still holding.

Andy
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