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

To: Bonzo who wrote (3518)	2/25/1998 6:02:00 PM
From: Sigmund	Read Replies (1) \| Respond to of 14266

I guess we need to focus on two variables; future earnings and P/E ratio. Doesn't 30 seem reasonable for a P/E ratio given the growth rate and attractive GM that this stock experiences? There there is the question of earnings. Todd has given us his estimates and we know he has a history of being on the low side <g> so what is realistic? Certainly the current price is not in line with any reasonable earnings estimate or P/E evaluation. Even though it sure takes some getting used to, I think that we are moving into an entirely new price regime.

To: Bonzo who wrote (3518)	2/25/1998 6:45:00 PM
From: AreWeThereYet	Read Replies (1) \| Respond to of 14266

Some guesses... At $29.5, THQI's PE is less than 22, while institution holding is still low, there is lots of room for the panic buyers, momentum buyers and new institutions to get in. We should see a few more new 52 weeks highs before serious profit taking. It could be as early as Friday but I suspect early next week. If the market cooperate, tomorrow we should see $33. I don't think most of the shorters covered today because anyone who courage enough to short THQI must be a newbie (!!) and they tend to wait for the "pull-back" to cover. But the squeeze won't help THQI a lot since Jan short interest is less than 200K and volume today is already more than 2M! Hopefully we will hear more new coverages of THQI. aC