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Technology Stocks : THQ,Inc. (THQI) -- Ignore unavailable to you. Want to Upgrade?


To: vc21 who wrote (12006)11/16/1999 3:10:00 PM
From: Marc Newman  Read Replies (1) | Respond to of 14266
 
I'm wondering if there's any real upside considering that Infogrammes now controls 70%. Seems like they could vote themselves a sweet deal when they want the rest. I do think there may be some trading rallies to $2.50 or $3 though that will be tempered with some more tax loss selling, to be sure.

It's good for THQ I think, as it gets rid of one more midsize company. That leaves only a couple such as THQ for the heavyweights if the big boys start really playing hardball in 2000. THQ probably has a higher chance of being bought out in 2000 than ever before. (Remember back in 1996 or so when GTIS offered to buy 25% of THQ and Farrell said thanks but no thanks? Boy, good management is so important.)

Marc