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


To: Sigmund who wrote (13364)2/13/2000 3:15:00 PM
From: Mr. Aloha  Respond to of 14266
 
Washington post article..

washingtonpost.com



To: Sigmund who wrote (13364)2/13/2000 3:18:00 PM
From: Sigmund  Read Replies (1) | Respond to of 14266
 
They are bashing me over on YAHOO.

Hey Jeff Bender, I didn't say THQI will go down to $12.

<<<<< None-the-less, I am more optimistic about making money on THQI from this point than I have been in the past couple of months. The downside is now manageable ($12). Compared to the loss of $20 per share, another $6 doesn't seem that scary. And an eventual but not way out in the future move up above the current price seems very likely to me.<<<<

Jeff, ever hear of Bollinger Bands? Well $12 and $75 are my estimates of 99% confidence intervals on the price.



To: Sigmund who wrote (13364)2/13/2000 9:24:00 PM
From: Emmo  Read Replies (1) | Respond to of 14266
 
I suspect shorts put the gun to BF head weeks ago. Ultimatum was to put up some low numbers for Q1 and 2 for public consumption or they would drive down the price just in time for Q4 and 99 results. So regardless of results, the price drop would send the stock back the penny boards as investors would not be able to digest low price and great earnings at the same time. BF figured it better to let shorts take their blood money now and be rid of them.

I think this because Piper J dude did not downgrade the stock after indicating numbers would be down. Very strange because he dropped to hold one of other game stocks after strong Q4 but felt rest of year would be weak on platform transition. (can't think of the stock he downgraded at the moment)Also they just got another Buy rating after the so called bad news. So the bad news low numbers for Q1&2 do not jive with the stocks ratings. I have a very hard time believing the houses who follow the stock are going to stick with strong buy and buy if the numbers are going to be weak. I really believe that they know Wrestling will be very big and Smackdown is a lock to keep Thqi string of higher quarters intact. Included will be strong numbers from Europe. Shorts ride off in the sunset and stock gets back to where it belongs.