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

To: Condor who wrote (13466)	2/19/2000 9:28:00 PM
From: TraderGreg	Read Replies (1) \| Respond to of 14266

Milberg Weiss is the only winner because class action lawsuits amount to taking money from the left pocket, transferring it to the right pocket, and the loose change and bills that fall to the ground are picked up by the lowlife leeches that crawl on said ground. TG

To: Condor who wrote (13466)	2/20/2000 12:26:00 PM
From: Mr. Aloha	Read Replies (1) \| Respond to of 14266

This isn't about positive spin. I was expecting a lawsuit. The law firm is not the only one that wins. Sure, they make a percentage of the settlement but who care. What about all those investors that get a piece of their loss back (assuming they have one). That's positive for them. Getting a little back is better than nothing. Anyone who lost money has a RIGHT to be pissed and go after the company. They were wrong issuing that press release. Regarding the insider selling and stock drop - They didn't do anything wrong there. Their stock and most stocks drop after a split and it was beginning the seasonal slow down so that was not manipulated in my view. The only thing THQI did that was wrong was issue that HYPED press release and then move the earnings down 30 days later. Again, I've been in this position before. A lawsuit is NOT the same as an SEC or NASD investigation into certain matters etc.. These things are VERY common and THQI's insurance provider will most likely pick up a majority of the cost. This won't be settled for a few years. It will be a note in the financials.

To: Condor who wrote (13466)	2/20/2000 9:40:00 PM
From: Condor	Respond to of 14266

The worm can begins to fill. Suit # 2 (Applies to: THQI) Spector, Roseman and Kodroff, P.C. Announces Class Action Lawsuit Against THQ, INC. Spector, Roseman & Kodroff announced that a class action lawsuit has been filed on behalf of all persons and entities who purchased the common stock of THQ,Inc.. ("THQ" or the "Company")(Nasdaq:THQI) between October 26, 1999 and February 10, 2000, inclusive (the "Class Period"). The Complaint alleges that THQ and certain of its officers and directors violated the federal securities laws. According to the Complaint, defendants knew that the first and second quarter earnings f 2000 were going to be materially below the first and second quarters of 1999. Although the defendants knew that the disclosure of this information would have an adverse affect on THQ's stock price, rather than timely disclose this material information publicly, as required by the federal securities laws,on or about February 8, 2000, THQ selectively disclosed this information to certain analysts. As a result of this selective disclosure, top clients of these analysts were able to unload significant holdings in THQ stock prior to the public becoming aware though third party disclosure of THQ's true financial condition. As a direct result of defendants' affirmative decision to selectively disclose material information to a limited group, and not to the investing public, the price of THQ stock was artificially inflated. Plaintiffs seek to recover damages on behalf of all purchasers of THQ common stock during the Class Period (the "Class"). The plaintiffs are represented by the law firm of Spector, Roseman & Kodroff, P.C., among others, who have extensive experience in prosecuting investor class actions and financial fraud. If you are a member of the Class described above, you may, no later than 60 days from today, to move the Court to serve as lead plaintiff of the Class, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff's counsel Robert M.Roseman toll-free at 888/844-5862 or via E-mail at classaction@spectorandroseman.com. For more detailed information about the firm please visit our website at spectorandroseman.com. Spector, Roseman & Kodroff, P.C., located in Philadelphia, Pennsylvania and San Diego, California, concentrates its practice in complex litigation including actions dealing with securities laws, antitrust, contract and commercial claims. The firm is active in major litigation pending in federal and state courts throughout the United States. The firm's reputation for excellence has been recognized on repeated occasions by courts which have appointed the firm as lead counsel in numerous major class actions involving violations of the federal securities laws and the federal antitrust laws. As a result of the efforts of the firm, and its members, hundreds of millions of dollars have been recovered on behalf of thousands of defrauded shareholders and companies. SOURCE: Spector & Roseman Distributed via COMTEX. Copyright (C) 2000 Business Wire. All rights reserved. -0- CONTACT: SPECTOR, ROSEMAN & KODROFF, P.C. Robert M. Roseman toll free at 888/844-5862 classaction@spectorandroseman.com TICKERS: NASDAQ:THQI KEYWORD: PENNSYLVANIA NEW JERSEY CALIFORNIA INDUSTRY KEYWORD: LEGAL/LAW GOVERNMENT CLASS ACTION LAWSUITS