THQ,Inc. (THQI) Message Board

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Technology Stocks : THQ,Inc. (THQI)

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To: Ron Harvey who wrote (7362)	7/30/1998 1:19:00 PM
From: AreWeThereYet	Read Replies (3) of 14266

Ron, I never say "price increases are from more trustworthy investors." The dip from pre-earning $35 to $36 to $28 is largely due to profit taking and the pp news. Now THQI is sitting between 50 and 100 DMA with a very low p/e. The company is enjoying rapid growth rate (more than 100% annually). Earning is exceptional good even in slow season (THDO just posted 10 cents loss this morning.) Don't you think that THQI is a bit undervalue relatively? Without further bad news, I don't think THQI will fell below 100 DMA except "speculator attacks" similar to what happened in May. A replay of WCW news and a baseless "underperform" downgrade. btw: THQI beats ERTS in Q2 earning, is it really underperform??? There are couple large block sells (greater than 60,000 in total) this morning to bring the stock down to $28 to $28 1/4. Hopefully, THQI will announce the detail of the pp soon to clear the clouds. aC

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