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Technology Stocks : THQ,Inc. (THQI)

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To: Kory who wrote (13449)2/18/2000 7:39:00 PM
From: Kelvin Taylor  Read Replies (2) of 14266
 
" But if, in fact, THQ still makes $2.00 a share this year combined with continued positive outlook, then who cares about the stock price."

Excuse me, but I believe management AND shareholders care about the stock price. Suppose it price goes to 15 or lower? Still think nobody would care or be concerned? Investors selling a significant amount of their holdings prior to the earnings tells me that they are not will to risk holding to earnings "just in case".

The problem I see here is a rapid and continuous drop in price before earnings especially on heavy volume is a real reason for concern. Does someone know SOMETHING we don't? Or is value plays just out to style?

THIQ a few weeks ago had 5 STRONG BUYS, now 3 and 2 HOLDS even though earnings estimates were raised by a penny in the past seven days.

biz.yahoo.com

ERTS by comparsion is up today and earnings estimates have been lowered from $0.26 to $0.19 just in the past 30 days.

Many here thought $25 was a good buy, then 21 was a support level. Now? Who knows.

Will be very interest in the earnings call to clear up some concerns. IF it goes badly then the stock is going no where but down.

Kelvin
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