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Technology Stocks : THQ,Inc. (THQI)

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To: Kory who wrote (9584)2/3/1999 7:35:00 AM
From: Roy F. Baker  Read Replies (1) of 14266
 
Kory, I look at a lot of companies in the course of a year. THQI was one I looked at in 1998. I can't say I have been around since the beginning. I can say I was in pre-split and held a position from 12 on up. The company is strong in many areas. I sold my position after the run up and thought that it was a great company to short based on their previous track record and how they plan their game releases. I looked at the number of shorts and released that was not a situation I wanted to become involved in. I believe long term they will continue to produce a return on investment; but there are far to many better places to put your money at this particular moment. I still believe they should look to take over businesses with potential without losing sight of their core goals. That would take some pressure off other areas possibly. I know many die-hard longs are going to want to burn me at the stake over my post; but I tried to be honest and sincere. Also since I no longer hold a position in the stock I have no hidden agenda.

Sincerely,
Roy
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