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Technology Stocks : THQ,Inc. (THQI)
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To: Zirdu who wrote (13474)2/20/2000 7:12:00 PM
From: wolfdog2  Read Replies (1) of 14266
 
RRanney, it isn't the contents of the press release that constitute the hype. In and of themselves the statements in the release were not false. But it is the rather peculiar fact that not long after it THQ suddenly discovers that Q1 and Q2 were going to be bummers. That is what calls into question management's integrity. And may subject them to liability. Certainly there was no hint that anything was amiss in the press release. And therein lies rub. Was the deteriorating situation in Q1 and Q2 suddenly discovered? If so, it suggests that management was asleep at the switch. And if not, and they knew Q1 and Q2 were going down the tubes, then they certainly, imo, were under an obligation to say so at the time of the press release.

Sigmund, please reread the press release announcing the class action. To participate, you must have bought (and perhaps sold, I don't recall) within the specified period. The fact that you were merely a shareholder during the period leaves you out in the cold.
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