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

To: Brian MacDonald who wrote (12350)	12/13/1999 10:26:00 AM
From: Brian MacDonald	Read Replies (1) \| Respond to of 14266

OT - Sort of. Look for a connection between SFP and THQ. SFP is up again today and there is a very large short position on it (~4 Million shares). I assume that the same people with the 'big money' that are short SFP are also short THQI (Chanos and friends). As one goes up - or both as is happening today - the pressure to cover comes from two sources rather than one. Both stocks are in the mid 30's right now. The total outlay for the shorts on these two stocks would be roughly 9.6 Million shares at $35/share (~$350 Million). That's a fairly hefty bet anyway you look at it. How big are these boys that they are not starting to feel the pain? I have no idea, but sooner or later they'll have to cover if this trend continues. All indications at this point are that the the trends are looking good and that both stocks are headed much, much higher. Brian

To: Brian MacDonald who wrote (12350)	12/14/1999 1:26:00 AM
From: Marc Newman	Read Replies (2) \| Respond to of 14266

Brian, it's interesting to see channel checks showing that THQ's B titles like Ricky, MTV, Road Rash et al are starting to move faster. It's the "panic buying" you were talking about. Thanks for your continuing channel checks from Canada. The shorts (after adjusting for multiple IDs I think there are only about two) on Yahoo just don't seem to get it. All THQ needs to do is replace about 500,000 N64 from a year ago. Considering the huge success of Gameboy and Rugrats and foreign sales that hardly seems difficult. There are all kinds of small boosts too including more NOL, payments by AKLM to THQ for late Attitude shipments, and the lack of abandoned titles compared to last year's quarter. Marc