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Technology Stocks : THQ,Inc. (THQI)

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To: JakeStraw who wrote (14260)8/8/2011 2:08:08 PM
From: FDiCianni  Read Replies (2) of 14266
 
So, THQI has been hit hard this year. There is much debate about the potential success of its future game releases, such as UFC Undisputed, and Warhammer. Some investors say that THQI needs a "miracle game" to see a stock price rise.

Any thoughts? I personally think THQ has value. They proved themselves in the past with successful releases. Although at times, they were poorly managed, and some games were not quite successful, the company has been around for over 20 years.

Let us remember that THQ's price from 1994 though 1998 was just as unstable as it is now, yet the company rebounded from $.5/share to $30+/share. This must not be overlooked. I believe THQ is resilient, and will overcome its difficulties in the face of economic downturn. The low prices today present opportunity to invest in a company that will grow in the future.
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