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Technology Stocks : THQ,Inc. (THQI)

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To: charles moore who wrote (3950)3/12/1998 2:33:00 PM
From: Don Westermeyer  Read Replies (3) of 14266
 
Charles,

IMO if there are still shorts trading on this news, they will cover today or tomorrow. This news is not as devastating to the company as a lot of people believe and I sure wouldn't want to be short THQI come earnings day. It is not likely to trade significantly lower than pre-last Q earnings for very long.

ERTS must have wanted that license bad since they haven't even developed any title like WCW yet, hence a lot of development $$$. This all doesn't really give THQ much incentive to really promote the title.
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