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Technology Stocks : THQ,Inc. (THQI)

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To: Bleeker who wrote (3066)1/15/1998 9:18:00 PM
From: Marc Newman  Read Replies (1) of 14266
 
Bleeker, thanks for your thoughts and for sharing those of your source. I've been taking an Updikean view in regards to THQI. The stock perked up in May/June around E3, sort of the Rabbit, Run phase, and then we had Rabbit Redux in Sept./Oct with our further run-ups. With December's 52-wk high we had arrived, ie Rabbit is Rich. But in 1998 it has been Rabbit at Rest, all the way.

Of course that's the end of the series so maybe I will now move on to the Beckett after all.

Anyway, this close to earnings and Nitro release, etc. I have to believe that a price in the nineteens is a gift, the same way $17.50 was a gift back in November. We made five points on those and I see us doing the same on this current buy.

Marc
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