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Technology Stocks : THQ,Inc. (THQI)

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To: Jim Munroe who wrote (10359)3/29/1999 2:03:00 PM
From: Bonzo  Read Replies (2) of 14266
 
One huge difference between THQ and Eidos is the institutional sponsership. Institutions own almost 84% of the outstanding shares of THQ and less than 26% of EIDSY. That leaves a trading float of only about 1.7M shares as opposed to Eidos's >12M shares. One reason for EIDSY's strong movement is of course the instiutional buying and this does not look to abate any time soon as long as EIDSY continues to perform. With the current 84% institutional holdings from some 77 institutions, where are the new buyers for THQ coming from? As Navalier recently stated, (from a poster on the AOL board), he sold due to the change in THQ's liquidity. Somehow, some way THQ must get their shareprice over $30 and do a clean 2:1 split:

THQI

Institutional Ownership
% Shares Owned 83.95
# of Institutions 77
Total Shares Held (Mil) 9.225
3 Mo. Net Purchases (Mil) 1.499
3 Mo. Shares Purchased (Mil) 4.084
3 Mo. Shares Sold (Mil) 2.584

EIDSY

Institutional Ownership
% Shares Owned 25.52
# of Institutions 23
Total Shares Held (Mil) 4.367
3 Mo. Net Purchases (Mil) 0.273
3 Mo. Shares Purchased (Mil) 1.576
3 Mo. Shares Sold (Mil) 1.302

Courtesy Vickers

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