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Technology Stocks : THQ,Inc. (THQI)

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To: StaggerLee who wrote (4766)4/21/1998 9:57:00 PM
From: DAVID BANISTER  Read Replies (3) of 14266
 
I agree. I am a huge shareholder, long 9500 shares. 6400 of which I bought a few weeks
ago at 21 1/2 per share after the drop. I had bought some at 28 3/4 and more at 24 3/4
and more still at 23 5/8. Obviously Im doing well, but I must say the street wont necessarily reward thq real big tomorrow because 88% of revenues from one WCW sector of games is rather overbloated and not well balanced. They need to start to replace this revenue stream pretty fast or dont expect the street to pump up the p/e ratio too high. I am trying to stay conservative, we might get a few points tomorrow, perhaps I'll be shocked and it goes way up, but realistically, the street has got to be looking for more profits from other games very soon or again, the p/e cant expand too much. I hope for our sakes we hit new highs, but expect profit taking.
good luck to us all... Im holding, not selling.
dave
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