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Technology Stocks : THQ,Inc. (THQI)
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To: Ken Pomaranski who wrote (6993)7/21/1998 4:38:00 PM
From: Todd D. Wiener  Read Replies (3) of 14266
 
Based on THQI's historical trading ranges relative to its moving averages, I see $40 as a near term (1-2 weeks) closing peak. It's possible that much of the buying that would typically come after an earnings surprise has already happened. Therefore, I wouldn't be surprised to see THQI at $40 on Thursday or Friday, followed by a gradual 15% correction down to the $34 mark. Then, in about 3-4 weeks, I think we can be solidly above $40 for good. I still think we can hit $55-60 in November or December.

Todd
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