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

To: Apakhabar who wrote (13173)	2/10/2000 7:34:00 AM
From: Condor	Respond to of 14266

Excuse me for intruding but as an owner and lurker I'd like to throw out the following for consideration and I'll be the first to concede it may be a major "stretch". Could a merger/buyout be a possibility here and the CEO and potential partners be concerned about runaway high flying increases in share price creating an impossible situation to deal with. Perhaps a dampening statement by the CEO would keep the price in the current levels of negotiation and allow the arrangements to proceed. I told you it was a stretch. Is there any advantage to the company to merge or be taken over? They have to be attractive with their lack of debt. Just a thought. P.S. Good thread and good discussion. Back to lurking. Regards C

To: Apakhabar who wrote (13173)	2/10/2000 11:51:00 AM
From: Raymond James Norris	Respond to of 14266

Apakhabar, I'm not sold on the way you've drawn your uptrend lines regardless of whether you want to start a second trend in early 1998 or not. Look at your own chart. Why does the top line exceed six other significant tops while touching only three? This indicates weakness. In a channel, the stock should rise from support to resistance. If the stock rallies and fails to reach its resistnace line, it means bears are stronger than they appear and may be able to push prices down further. Notice how THQI did manage to reach its resistance line in the earlier years, when bulls had the dominant position. THQ is trading chaotically right now and while I do NOT disagree with your desire as a risk-averse investor to be on the sidelines I think it's just too soon to even lean toward a break in the long-term trend. I wouldn't even go that far. I would say a risk neutral or even a risk seeking person should be on the sidelines. We aren't talking about a 1 year old trendline breaking. We're talking about the only bull run this stock has had in the past decade - its major bull run, the one that began in 1995. THQI doesnt have any other "Support" to fall back to besides this one. I can't convince everyone. Eventually we'll all learn by the stock's trading. Best of luck, Conservatively Yours, Raymond J. Norris