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

To: Jim Oravetz who wrote (13793)	4/21/2000 5:27:00 PM
From: Apakhabar	Read Replies (1) \| Respond to of 14266

Although Cramer is deservedly getting a lot of ridicule for pumping TSCM on the site's Fox TV show last week he did say one thing perceptive. Comparing various market crashes to last Friday's, Cramer said that what usually happens is that 1/3 of the companies will continue to search for a bottom, 1/3 already have reached bottom, and another 1/3 are in danger of going out of business or entering their own extended bear market. He then suggested the drug companies had reached bottom and should be bought. I'm thinking that this is a useful description, and that the video game companies are probably in the third of stocks that have already reached bottom. Of course there might be further weakness, based on various trading phenomena, but I was pretty impressed by the way both ERTS and THQI held up during last Friday's bloodbath.