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


To: Mr. Aloha who wrote (12905)1/29/2000 3:58:00 PM
From: Mr. Aloha  Respond to of 14266
 
I'm having too much fun.

This is my last post for awhile. Spending too much time screwing around.

Email sent to my pal Herb below. I feel like Norm in his TV show when he kept blowing in the English professors ear to get him irritated... childish - yes..

I'm not trying to hype the company, the stock may continue to slide for awhile.. who knows.. buy or sell, who cares..

----------------

Herb, just the facts...

NEW TV Wrestling Ratings 1/28/00
ultimatetv.com

SmackDown Reviews..
psx.ign.com

December 21, '99
Sad news for those anxiously waiting for THQ's WWF Smackdown for the
PlayStation. It looks like the release date has been pushed back from
February 2000 to March 2000. While it's only one extra month, it'll
likely be a long month for the hundreds of thousands of gamers who are
awaiting the release of this hot software title.

Look for a lot of coverage of WWF Smackdown in the coming months on IGN PSX.

"WWF Smackdown promises to be a fantastic wrestling game."

--------------

Herb.... Media Vision sold crap, hid returns and the CEO was a smooth
talking fraud. THQI is about to take-off. Don't believe what you hear, look at the facts. Shorts have been betting the market would go down for years. Your pal Rocker thought AOL was overpriced at $32 in 1996! I can't count the number of short mutual funds that are non-existant today. You can't predict the market.

Only a FOOL would be on the short side. The momentum is about to
change....

-------------

One thing to watch is the Dow Jones 20 Transportation average. It's been a real downer to the Dow 30 - Dow Theory and Oil prices.




To: Mr. Aloha who wrote (12905)1/29/2000 4:00:00 PM
From: Dennis K. Showers  Read Replies (1) | Respond to of 14266
 
These are my thoughts on the short attack on THQI and how it is so effective. We have approximately 18 million shares outstanding. Of that number 12 or 13 million are held by institutions. That leaves approximately 5 or 6 million that are traded or may be traded. The average volume is 566K. Since the Nasdaq counts both the shares bought and the shares sold to find the volume that means that 283K are bought and 283K are sold. Now when the buyers and the sellers are equal, the price stays the same.If the buyers out number the sellers, we go up and vice versa. Obviously. Now, with this small number of shares it is easy to see how when uncertainty enters the picture someone with deep pockets could begin to sell 2K, or 5K or 10K or 50K. Whatever it takes to push the price down. Add to that an over bought condition and the downward direction begins to gain momentum as the stops begin to kick in. It seems to me that if the timing was right the number of shares sold would not have to be that great. Remember that in an average day only 283K shares change hands.

This probably seems very elementary to most but there are always questions of how this stellar stock can go down. I think that is the reason. The same is true in the reverse. One wealthy buyer can easily consume all of the available shares. I think they add to the overbought conditions. But how else do they accumulate? That's why the large funds stay away from micro caps. If they change their position they raise havoc with the stock price.

Whitetail