3DO: Hot Games for Hot Machines (THDO) Message Board

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Technology Stocks : 3DO: Hot Games for Hot Machines (THDO)

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To: David Patrick O'Connor who wrote (3912)	6/16/2001 2:36:02 PM
From: Bruce Prescott	of 4081

My step is significantly lighter today than it was yesterday. I haven't got a lot of stomach for market timing myself, but this surge in THDO is too much and too soon to last -- unless there is some good news we haven't heard yet. My guess is that some institutions were looking for a place to park some of their tech money while the rest of the tech market was diving. Almost all the computer game companies benefited. I think they will all lose ground whenever the institutions rotate to another sector. I don't expect the big players to buy and hold computer game companies until late fall -- around mid-November. If THDO drops back into the 3's I'll load up again and keep some short term gains. If it doesn't, I've still got my core holdings and I don't plan on selling any of them until we get to $10.

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