Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (13873)	5/28/2000 4:52:00 PM
From: Mr. Aloha	Read Replies (1) \| Respond to of 14266

Lack of discipline... You think I need a lesson on trading? I bought THQI because it's fairly safe. I didn't want to be daytrading until the market finds direction. The drop in THQI surprised me (obviously), but this is an opportunity. If it were another company I might sell but not THQI and not now. It will take a few months and we could trade down to the high 6's but that's probably it. I would love to get more stock there and sell at $15-20 later this year or next. You think I need to convince someone? Everyone who held this stock during the fall is NOW so brainwashed into thinking the video game industry is going to shrivel up it's rather funny. THQI has good licensing, PSII coming out, the christmas season approaching, plenty of cash and no debt. They are still looking at positive earnings etc.. and they could be the target of an aquisition now that they are taking their one-time charge. The industry will be fine. If AKLM and some of the others want to release crap that's their problem. THQI has great wrestling games, a bunch of STRONG licensing games tied to movies, and expanding overseas. The world is not ending, you just need to wait a while and don't miss out when the institutional money moves in. I'm sure there will be a ton of old investors who bailed on the low side who will be shaking their head when this whole sector suddenly because the "in" thing. I'd like to hear about the executives personally buying stock and a company repurchase plan. THQI made a ton of money on GameBoy. They can make a ton of money on the millions of old platforms and the new ones coming out. It will be tough for THQI to sell for less than book value. Buying from here to there is a pretty safe bet. 3X5=15 3X4=12.3X3=9 3X2=6 - That's pretty funny.... Try 3x6=18 as the low.