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

To: Mr. Aloha who wrote (13876)	5/29/2000 10:58:00 PM
From: wolfdog2	Read Replies (1) \| Respond to of 14266

Mr. Aloha, I don't think that THQ has a snowball's chance in hell of doing anything over the next few months. More likely,the stock will continue to trend down, imo. I recently sold my entire position. Farrel and co. have done immense damage to the company by not being up front about 1) the extent of the revenue shortfall to be expected and 2) the consequences of THQ's change in business model. As THQ has added in more developing capacity, it has also added in more fixed costs. This, of course, exacerbates the extent of the damage to the bottom line from the revenue short fall. It wouldn't in the least surprise me to see THQ trade down to six over the next few months. The stock may give new meaning to the phrase "summer slump." I agree that several months out, the gaming stocks are going to be hot. But being early could be expensive.