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Technology Stocks : THQ,Inc. (THQI)
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To: Kory who wrote (9897)2/25/1999 1:33:00 PM
From: Dave  Read Replies (1) of 14266
 
Kory,

The only problem with your concept is that at some point, THQ will falter, whether it's due to better competition, a changing market, whatever, and when that happens, the price will drop. When that happens, so much for the value concept. The theory of wanting it to drop so you can get a better price is nuts...on one hand you are saying it's a good value and on the other hand you are saying you want it to drop so you can buy more. Does that mean that it isn't a good value now? If it is, then buy it now knowing that it will go up from here.

FWIW, your logic seems flawed to me.

BTW...looks like we may have bottomed at $22. It broke out of the downward trading channel to the upside.

Dave
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