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


To: Christopher who wrote (3072)1/15/1998 8:06:00 PM
From: vc21  Read Replies (1) | Respond to of 14266
 
Got this from EBworld:

SHIPPING TODAY TO BE IN U.S. STORES ON:

1/16/98:
WCW Nitro - PSX

Stop in or call your local Electronics Boutique or
Waldensoftware to purchase or pickup your copy today!

Regards,

Vic



To: Christopher who wrote (3072)1/16/1998 12:56:00 AM
From: Todd D. Wiener  Read Replies (3) | Respond to of 14266
 
Christopher-

You seem convinced that THQI is not trending. It depends upon your time horizon. If you look at a 2 year chart, THQI is still trending upward. If you look at a 2 month chart, THQI is in a trading range. As I'm sure you're aware, TA incorporates a strong time component. Therefore, THQI is either trending or trading, depending upon your point of view. If it violates its short term MAs, but doesn't tank, it can be deemed to be in a trading range, within that time horizon. I am not a short term trader (nor am I much of a trader at all), so I still see THQI as trending upward. After all, look at how far above the 200-day MA the stock is trading. It's just waiting for some fundamental news--A reminder of THQI's undervalued state.

Hopefully, we'll see a WCW Nitro press release tomorrow.

Todd