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


To: Sigmund who wrote (12749)1/20/2000 9:35:00 PM
From: Todd D. Wiener  Read Replies (1) | Respond to of 14266
 
Hello all.

I've been very busy; I just blitzed thru the 250 messages since Xmas today. I'll post more in the near future. In short, I think the 200-day MA will hold and the stock will rally in February and March (earnings and Smackdown). I've played the WM2K a lot and it's really fun (and I'm not a gamer)! I plan to buy Smackdown immediately upon release. I'm looking for $0.81 for Q4 and $2.47 for FY00. The stock is basing here. I've already bought some shares and I plan to buy some more in the current range.

It's nice to see HAINESDA return from the dead. It would be nice to see Smackdown as the best selling PSX title ever, as he implies, but I don't see it happening. On the other hand, I won't object to it achieving such a distinction. It certainly has a chance to top the charts for a few months.

Let's not forget that several game companies have announced poor results, making investors nervous. EIDSY will look mightly small after that 5-for-1 split they planned (it will trade at $9 or so). And AKLM will probably go the way of GTIS sometime this year. Someone's gonna buy 'em. At least MWY announced decent earnings today. As fewer independents remain, investors will focus on the leaders (ERTS and THQI). Also, after the EIDSY split, THQI and ERTS will be the only companies to be trading above $25 or so. That makes the stock look better.

THQI has one helluva FY00 coming up. I still call for $66 by year-end.

Todd