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: Sigmund who wrote (13864)5/26/2000 1:21:00 PM
From: Mr. Aloha  Read Replies (1) | Respond to of 14266
 
Aloha to you!

My plan is to buy more stock next week and continue to buy over the next month or so.

Christmas will be really exciting for the gaming industry with Playstation II and that's all you'll hear. The news and industry will be talking about it over and over etc..

The downgrades on THQI will turn into upgrades etc..

I think THQI will trade in the $6-10 range for a few months and then move into the $15+ range later in the year on all the hype and excitement.

In other words, when everyone is totally disgusted and gives up hope, it's usually a good time to buy if you don't mind holding for at least 6 months.

My bad timing has me stuck in THQI during a dead period but I'm going to make the most of it. They have all cash, near book value and lot's of titles on the way. If I didn't buy the day before the fall I probably would have bought soon anyway based on the current pricing.

The other positive is the market may trade sideways for a few months until the economy slows etc.. So this allows me time to focus on other issues like work, family, life and fixing my boat instead of day trading in a tough environment... :-)

Take care.