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Technology Stocks : THQ,Inc. (THQI)

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To: Dave Hanson who wrote (3920)3/12/1998 11:09:00 AM
From: RealMuLan  Read Replies (1) of 14266
 
<< I wonder how much of the panic selling is institutional, and how much is individual.

Institutional holding in this stock has never been high. Somebody posted about one week ago said around 26%. I think it is very possible that most of them have already bailed out. And a lot of individual momentum players also left. Actually, I am one of them. I played on both sides and made several k's. But this time I got caught at $26.5 long. I will probably have to bail out soon. If $22 breaks, then 20 has a good support.

I think the CEO of THQI should come out and say something, or at least a press release to say their 1st quarter earning will be on target, after all only 3 weeks left for this quarter. I think the share holders deserve this.

Good luck
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