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Technology Stocks : THQ,Inc. (THQI)

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To: Robert G. Harrell who wrote (9405)1/23/1999 11:50:00 AM
From: Brian H.  Read Replies (1) of 14266
 
Robert,

From a technical point, we broke below $26 1/2 which was short term resistance. That technical point was broken due to the pull back in the market, not fundamentals of THQI stock. I also think some of the reason we have seen THQI and other stocks fall like they have is some people are selling to buy some of the Inets on their dips. Personally, I hate that, but do think that is playing some hand in this game (JMHO).

I have bought twice in the last few weeks and will buy again on Monday if THQI shows some strength. This stock is solid, and we all know they are going to beat numbers handily.

We are trading at around a 16 PE of this years EPS and around a 12 PE to next years projected earnings. I would rather be putting my money in a company like this than a speculative play like.......(I think you all can pick a few....<GRIN>)

Brian H.
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