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


To: BenThair who wrote (13853)5/25/2000 12:31:00 PM
From: Paul Senior  Read Replies (1) | Respond to of 14266
 
I'm still holding on and I expect to have to try to hold longer. I'll consider the stock now as washed out. I also own MWY which has fallen dramatically and deeply too. It thus seems to me to be an industry-wide decimation. I would expect both stocks at this point to be at bottoms.

I could expect THQ stock to recover - year '00 is shot, but a slow recovery building up to the the Christmas '01 season could happen, and I can envision THQI doubling from 8-9 level today in about 18 months. So the stock for me is a hold now. Not a sell. (absent tax considerations). Question for me is can I hold onto this knowing (guessing) that the stock's not going to do anything, my minimal faith in management is shot, and maybe the best I can do here is a double over time and still not break even. I would like to hold - a double is a double - but emotionally it will be tough.

Paul Senior