Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Robert G. Harrell who wrote (12818)	1/27/2000 12:11:00 PM
From: Madharry	Respond to of 14266

The problem is that what they are predicting as a bad signal is in fact exactly what is supposed to happen if the company is doing well! If they are developing a lot of new games which they are their development costs should go up and if WWF is selling like hotcakes which it is their reserves as a percentage of receivables should be going down.

To: Robert G. Harrell who wrote (12818)	1/27/2000 7:49:00 PM
From: Marc Newman	Read Replies (2) \| Respond to of 14266

Bob, sell your VISX! :) Seriously, if one has a certain account that is overweight or over aggressive, some margin selling might happen. But essentially there are two facts here. A) Just about everyone learned his/her lesson from Sept. 98 and will never be caught that unprepared again. In fact a lot of longs I know never bought any shares in the thirties last year (PRE-SPLIT) and a lot more sold any shares they bought in Sept. or Oct. at a nice profit. While this decline isn't pleasant it isn't too crucial for most. B) The stock is only a bit below where we started the year. If we weren't rocked by margin selling then I doubt we'll have much more now. This all makes so much sense as you can see the vice tightening on the shorts and this is their last hope. Another wave of buying will hit this industry by March or May and THQ's Q2 and Q3 and Q4 look especially choice. (With our usual conservative estimates.) Marc