THQ,Inc. (THQI) Message Board

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Technology Stocks : THQ,Inc. (THQI)

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To: Sigmund who wrote (9474)	1/26/1999 7:54:00 PM
From: AreWeThereYet	Read Replies (2) of 14266

Sigmund, I had a clue what's going on. I visited Yahoo thread last Friday. I know I shouldn't since it works 100% of the time... THQ broken 50 DMA last Friday and failed to hold the intermediate support at $25. Yesterday it further THQI broke the lower bollinger band. Last time THQI broke the lower b-band is on Sept. Both times THQI down without any news or fundamental change and both times a strong rebound is follow. THQI's p/e is also relatively low historically, it is currently at 15 and trailing at approximately 10 times Todd's FY99 estimate. Recent weakness is merely a technical consolidation accelerated by some speculation of insider selling + WWF license right concern. -- JAKK is in the new high range I am not concern about WWF license. (actually it has a respectful p/e of 20, that's very high for a toy company) -- Next the insider trading: Looking back "The Watcher" post and my reply to him/her www3.techstocks.com I had already addressed most of his/her concerns except the insider selling by CEO and CFO. But as we all know by now, the selling is a result of BF and Fred exercised their options. You don't expect Brian takes his own pocket money to buy all 60,000 shr of THQI, right? Because Todd is not here, I will say this for him: Buy! Buy! Buy! aC

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