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Technology Stocks : THQ,Inc. (THQI)

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To: Emmo who wrote (13645)3/15/2000 3:43:00 PM
From: Marc Newman  Read Replies (1) of 14266
 
I love this action in the market. Terrific to see the Nasdaq declining with the Dow putting in a bottom. It just makes me feel safer for some reason. The Nasdaq will be doing fine very soon too. It might need an official 10% drop first and it is just about there.

Emmo, you're right about the hype continuing. But it sort of is hype on the plus side vs. tough sales environment during the transition. Will the hype give every game maker a 20 PE or better? Will this be a good Christmas season or not? Hard to say. I am encouraged by sales of WM2K and Smackdown. Doing great on "declining" platforms. Nice to be the top 3rd-party GBC publisher too.

As for the shorts I think they hang on for one more year. After that they are likely in trouble.

The Rugrats and Scooby movies might be enough to get THQ back on track, the stock we all used to love.

Marc
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