THQ,Inc. (THQI) Message Board

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Technology Stocks : THQ,Inc. (THQI)

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To: Marc Newman who wrote (8896)	12/7/1998 4:52:00 PM
From: Don Westermeyer	Read Replies (2) of 14266

I wouldn't read too much into the bid/ask size, but like sometimes the MMs do play with the traders. A few days ago I was noticed a very thinly traded stock where the bid/ask was $22-7/8 x $23. It had been that way for days. All of a sudden 200 shares were traded at $22-3/8. I'd bet much $$$ that someone had put in a market sell order and got screwed. The bid has since recovered. FWIW - I personally don't expect a lot more upside short term (well at least not compared to when the stock was trading at $12!). Of course the stock has real momentum now but with a P/E of near 20 puts the stock close to many other stocks in the market. Hopefully the market will continue to decide that a P/E of 20 for THQ is very fair, in which case the stock should continue to trend up towards $40. The market has had an amazing change of attitude in just 10 weeks! :)

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