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Technology Stocks : THQ,Inc. (THQI)
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To: vc21 who wrote (6264)6/22/1998 11:24:00 AM
From: Bleeker  Read Replies (2) of 14266
 
Thanks for confirming it. I get the sense that after the Squawk Box
appearance and the IBD ranking, THQ is probably being tracked closely
by the Street, especially because so many other companies in the
sector have poor earnings. THQ's current P/E represents an anomaly
considering its top rank status in the sector and it will only be
addressed somewhat by Bastille Day.

In the meantime, I did a foolhardy trade this morning with BROD. I
typically can't stand day traders but I bought BROD this morning
after the acquisition news at 17 5/8 and sold it for a 10% move an
hour later. It's amazing how inefficient the market is sometimes
and how risk premiums can shrink so quickly.

P.S. I first saw the BROD acquisition news on this thread, other-
wise I would not have made the trade.

Thanks Andrew,
Bleeker
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