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Technology Stocks : THQ,Inc. (THQI)

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To: StaggerLee who wrote (2520)12/11/1997 3:49:00 PM
From: Bleeker  Read Replies (1) of 14266
 
SL, there may be a lot of reasons for an insider to sell.
But we're not talking about a hypothetical company or a
hypothetical CEO. All I can tell you is that thqi's internal
target for thqi is above its all time high (my source on
that is Lin at Wedbush Morgan). If Farrell did not think the
stock was poised to move higher he would have sold more. The
fact is that he's holding onto 90% of his original position.
The point is that an insider may sell in order to lock in gains
even if the stock is poised to move higher. How much are you
down by now and have you put any calls to King of Prussia
Plaza recently to confirm if WCW is sold out?

David, I just confirmed the sales with thqi five minutes ago.
The report on Bloomberg News is accurate. By the way, these
were options that he excercised.

Bleeker
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