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


To: Trippi who wrote (2850)12/31/1997 1:58:00 PM
From: bob ferrante  Respond to of 14266
 
I bought in the day before the last quarter

was announced at 14 1/8. The next day it went up 2.

Can we expect the same for this quarter? [considering

great sales] or, are we experiencing that rise currently?



To: Trippi who wrote (2850)12/31/1997 3:58:00 PM
From: NeverRight  Read Replies (3) | Respond to of 14266
 
When we establish a base at these levels THQ will have a market cap of $150 million. There are a lot of mutual funds that have $150mm as the minimum market cap that they can buy. It will be nice to get some increased institutional interest.
Psychology wise, it sure is tempting to sell after the run we've had, but it is not easy finding a stock like THQ that gives you that up side and it appears still has a lot left.
Happy New Year to all!



To: Trippi who wrote (2850)12/31/1997 6:40:00 PM
From: Todd D. Wiener  Read Replies (1) | Respond to of 14266
 
THQI increased by 140% during 1997. From the 52-wk. low, THQI quadrupled. The stock should reach $40 in 1998, and it may reach $30 by February. The earnings-related fervor will provide significant price movement.

Today, I sold my first bit of THQI. I sold the stock that I bought at the end of October, recognizing a 50% gain in 2 months. My selling of THQI (the first time in 2 years of being a shareholder) doesn't indicate that my bullishness is waning at all. In fact, the amount sold was about 3% of my total holdings. It is simply part of my investing plan. THQI is still my favorite stock for 1998, and it is still the largest holding in my portfolio.

In case anyone is interested, here are my top 6 recommendations for 1998. I've excluded chip-equip stocks, even though they may do well in 1998. The following stocks have favorable risk/reward profiles and together create a diverse, agressive-growth ensemble:

#1. THQI
1997= up 140%
1998= up 75%, based on a target of $40.

#2. SMTC
1997= up 130%
1998= up 120%, based on a target of $85.

#3. LUFK
1997= up 40%
1998= up 55%, based on a target of $55.

#4. CD
1997= up 40%
1998= up 30%, based on a target of $45

#5. CCSC
1997= up 50%
1998= up 45%, based on a target of $40

#6. NOV
1997= up 22%
1998= up 50%, based on a target of $20

I returned yesterday from a trip to LUFK, where the CEO gave me a day-long tour of the manufacturing facilities. Business is very good, and I suspect that the company may beat estimates for Q4 by 30%.

These 6 stocks comprise more than 2/3 of my portfolio, both because they have done well this year, and because I have continued to buy more. Good luck to all.

Happy new year.

Todd