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

To: Raymond James Norris who wrote (13169)	2/10/2000 11:00:00 AM
From: Professor Dotcomm	Read Replies (1) \| Respond to of 14266

Your posts, Raymond, have been very interesting to the confirmed, inveterate, FA lurker that I am. Your points (and modesty making them) were persuasive. Although - as you stated - TA does not predict anything but suggests instead, that the current tide of opinion is turning, how can we be sure that this tide is strong or weak? In other words where does a 'trend' start? What happens if you are trying to identify a trend that started later? Has there been a TA breakdown in ERTS for example? Down from $124 to $80? Or is its trend different? Your comments suggest to me that many analysts and professional investors were gradually coming to the same conclusion: i.e. THQI's earnings string was coming to an end and that it was now time to look elsewhere. However when (and if) the bad news breaks perhaps the market will yawn and say "well, hell it's all been discounted anyway' and THQI will then start to create another long term trend. Finally, on the FA front, Sony are now saying that they will be selling 500,000 PSIIs a month from March thru 2000 - all of them needing new games including those of THQI. Perhaps your successor in 2020 will be warning our children that THQI is just breaking its long term trend?