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Technology Stocks : THQ,Inc. (THQI)

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To: rogermci® who wrote (7009)7/21/1998 10:22:00 PM
From: Joe Casey  Read Replies (1) of 14266
 
Most investors ought to realize that the CC is 3 times more important than the actual EPS figure. Look at the numerous companies that exceeded expectations only to fall because of negative comments on future growth or sales prospects. THQ will not react negatively - if at all - until the 10 a.m. CC is digested. If the stock does anything before the CC it will be UP. My impression is that Farrell will make enough bullish comments to spark a combo runup/short covering rally that will go against the conventional thinking that we'll see a dip. People also aren't expecting new analyst coverage which may occur before or coinciding with the CC. This is all just my opinion, but I'm placing alot of confidence in my line of thinking.
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