THQ,Inc. (THQI) Message Board

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Technology Stocks : THQ,Inc. (THQI)

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To: Condor who wrote (13466)	2/20/2000 12:26:00 PM
From: Mr. Aloha	Read Replies (1) of 14266

This isn't about positive spin. I was expecting a lawsuit. The law firm is not the only one that wins. Sure, they make a percentage of the settlement but who care. What about all those investors that get a piece of their loss back (assuming they have one). That's positive for them. Getting a little back is better than nothing. Anyone who lost money has a RIGHT to be pissed and go after the company. They were wrong issuing that press release. Regarding the insider selling and stock drop - They didn't do anything wrong there. Their stock and most stocks drop after a split and it was beginning the seasonal slow down so that was not manipulated in my view. The only thing THQI did that was wrong was issue that HYPED press release and then move the earnings down 30 days later. Again, I've been in this position before. A lawsuit is NOT the same as an SEC or NASD investigation into certain matters etc.. These things are VERY common and THQI's insurance provider will most likely pick up a majority of the cost. This won't be settled for a few years. It will be a note in the financials.

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