SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : THQ,Inc. (THQI) -- Ignore unavailable to you. Want to Upgrade?


To: Apakhabar who wrote (13859)5/25/2000 6:36:00 PM
From: Mr. Aloha  Read Replies (2) | Respond to of 14266
 
The funny thing... I just bought shares yesterday.

I have been out of THQI since $20 and decided to get in at $14.625 to sell around $16 for a quick trade. That was my other trade at $13.75 that went through but I'm waiting to see if E*trade tells me it was failed but so far I bought it. Level II showed it as a failed trade?

Here's how I see it.

1) THQI has done a great job over the last 5 years.
2) They have a powerful WWF license and some good games coming out tied to some strong movies etc..
3) The platform slow down is worse than expected and looking back it should have been obvious. THQI is hurting like everyone else... nothing new.
4) The best time of the year will be approaching in a few months and THQI is selling for a few bucks over book value.

5) As for credibility, who cares right now. I think the strongest statement is for THQI Exec's to buy stock for themselves and the company should spend a few million buying stock.

I wasn't happy when THQI said the year was going to be great and then warned of lower estimates etc.. That's old news and so is this now.

Right now THQI is trading near book value and at 10 x 2000 earnings figured at $.90

When everyone gets ALL EXCITED about Playstation II in 5 months, all these Video game stocks will be trading at 15-20 times earnings.

I see THQI at or near $20 per share sometime this year. It doesn't matter how many small investors they pissed off. It's the large investors that count and they have been taken care of. Yes, we held on too long etc... but it doesn't make sense to NOT PROFIT on the ride up as THEY do.

I'm going to forget out the stock and buy more at prices lower than this if possible.

Bottom line, small investors don't really matter. All we do is chat, complain and brag.