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Technology Stocks : THQ,Inc. (THQI)

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To: Qualopec who wrote (3822)3/11/1998 1:15:00 PM
From: Sigmund  Read Replies (2) of 14266
 
Whatever THQI does with wrestling there will now be a formidable competitor whoever gets the WCW license. I think wrestling will remain an important category for THQI but not the dominant category it has been. Certainly any announcement on an ongoing wrestling license will be seen as favorable but I don't think we will bounce back up on such news. If you look at companies that take these dips, sometimes the stock almost immediately moves back up a little but generally it takes some time before a new consensus on the value emerges. It will be interesting to see how the various securities analysts factor this into their price projections.
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