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Technology Stocks : THQ,Inc. (THQI)

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To: MikeD who wrote (7218)7/24/1998 2:43:00 PM
From: Henry Hayashi  Read Replies (1) of 14266
 
OT>>...especially when the same results for an internet company would cause their stock to skyrocket.<<

Definitely doesn't hold for SEEK. They just reported eps 75% above the consensus and are getting hammered down $3 and there was no pre-earnings runup here. It's been trading down for weeks.

Short-term, this market is pure lunacy. THQ keeps hitting grand slams and the market punishes it. ATVI shows a better than expected loss and it trades up and holds. Next week will be an interesting week, psychologically speaking. The shorts are out in full force. Hopefully, the split will keep them outside the gates to be slaughtered once again.

Henry
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