SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : THQ,Inc. (THQI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Trippi who wrote (2544)12/12/1997 6:30:00 PM
From: charles moore  Read Replies (2) of 14266
 
I think everyone is missing the Boat here.This market is just
looking for Excuses to Sell off.The first reason for a lot of
People in this Market was the Asian problem.This seemed to be a
Hiccup as the Market appeared to digest it and was moving up
again.Then there was the Bad earnings on "ORACLE" and the Broad
market has been moving down ever since.I have even seen articles
in the Financial Pubs as I am sure everyone else has about
"Disappointing Corporate earnings".On top of this we are in
December so if you are going to declare Losses then it has to be
this Month.If you think that things are going to get worse in
light of "Oracle" and the bad Pubs then the Nervous Nellies are
going to Sell.

The second Problem and it has been mentioned many times before is
the Dismal PR from THQI.On top of the Dismal PR you go into the
Stores and when was the last time anyone saw Games form THQI
featured Prominently like Riven or under such banners as "Hot
Games" in most of those Stores?

The only thing left for THQI after subtracting the above is
"Earnings".In short THQI is an Earnings driven Stock.Although
most feel that it will continue to beat earnings forecasts until
that is etched in Stone there is no guarantee that will happen so
the absence of such news in the face of the Wedbush move and the
CEO selling even 10% of his stock is not positive news. If this
was Options related I mentioned in the voting several months ago
of the maniacal desire of THQI to get the "Options" segment
approved and why.IF this is the case we now know why.If others
feel that the CEO sold 60,000 shares and now has 8000 left then
this is a lot different from selling 60,000 out of 400,000
shares of Options.Again Perception.

Charles
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext