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Technology Stocks : THQ,Inc. (THQI)

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To: Double Dipper who wrote (2819)12/30/1997 1:48:00 PM
From: Sigmund  Read Replies (2) of 14266
 
I thought $20 had some significance but I don't see the significance of $24. What is the significance of $24? $24 is 24X$1.00 so what? I know that ValueVest thing talked about $24 but that was just a formula which I am sure has little if any predictive value and the derived value itself continues to rise as the company does better or is predicted to do better so I don't see that as having much weight unless you beleive that a lot of people pay attention to it. I know some of the TA folks have talked about $24 but again that is a number which will change. If THQI starts to go down again then perhaps $24 will be the next target but do you really see it as being cosmically important? And if so why?4
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