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

To: Christopher who wrote (3122)	1/19/1998 9:27:00 AM
From: Sigmund	Read Replies (1) \| Respond to of 14266

Christopher, I think it is the same situation now. It is scary to hold THQI when there is this doomsday scenario out there that has some credibility. On the other hand the $30 scenario is quite believable and so is even the $50 secenario long term. If the stock shoots up to $22 on Tuesday who wants to buy in there? At $24 no one wants to buy in because it probably will come down again and at $26 no wants to lose the $7 that selling shares now and buying back in then would entail. So this is a situation which is likely to result in a rotation of ownership. Some existing owners are dropping out. New owners are coming in who see the TW future scenario. While this is happening the stock is not only weak but vulnerable. Earnings are due in early or mid Feb so the timeframe for this weakness is limited. Some smart money may start reentering this stock pretty soon. An interesting decision tree is it not?