THQ,Inc. (THQI) Message Board

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Technology Stocks : THQ,Inc. (THQI)

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To: Sigmund who wrote (5779)	6/4/1998 4:35:00 PM
From: Bleeker	Read Replies (1) of 14266

I would not put that much weight on these intra-day flows from one company to another. The lesson from RADICA is that you can only bet against the fundamentals for a length of time: the short-sellers cracked today after resisting for weeks and they will now pay a heavy price. Like THQ, RADICA has high short interest: 1.4 million shares sold short and a comparable P/E (slightly higher than THQ) but no analyst coverage. As I see it the THQ short sellers are worse off because unlike RADAF, THQ is off $12 from its 52-week high and expectations for the stock are more negative. So the upside pressure with THQ will probably be more explosive in the next seven weeks as THQ moves closer to earnings. Bleeker

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