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Technology Stocks : THQ,Inc. (THQI)
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To: leisuresports who wrote (8448)11/4/1998 11:42:00 PM
From: Sigmund  Read Replies (1) of 14266
 
Normally it would have made sense to lighten up at $24 or $25 and it may prove to have been a good move. But this rise seems to be very strange. I know the whole sector is doing well, but the rise for THQI seems rather excessive. If excessive there are two ways to look at it.

* it is excessive therefore it will retrace....sell now
* something unknown is driving the price up and who knows how far it will go

I am taking a chance that it is the latter this time. Perhaps short covering or perhaps someone knows something i.e. new analyst coverage or perhaps THQI is in play and we just don't know it.
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