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


To: Don Westermeyer who wrote (3592)2/26/1998 2:57:00 PM
From: Marc Newman  Read Replies (1) | Respond to of 14266
 
I'm not feeling that THQ is overvalued because I think the growth rate is being understated by Wall Street. Also, with the conservative management and clean balance sheet, plus the easy quarter-on-quarter comparisons, I feel there's a high degree of safety here too.

Volume has really dried up this afternoon. Crazy this morning though--I feel lucky to have sold 500 shares at $32 11/16 which I think is the high sale of the day. Just kind of picked the number out of the air.

Right now it is a moment of truth--bounce off thirty or sink below it.

Marc



To: Don Westermeyer who wrote (3592)2/26/1998 3:07:00 PM
From: RealMuLan  Respond to of 14266
 
<<To be honest I'm feeling the stock price of THQ is now over-valued relative to many other stocks.

Quite agree. Today the volume is already lower than yesterday, meaning some momentum players already left. For the next few days, the volume will be getting back to normal. So this stock, like a lot of other high runners, will have a pull back, at least in short term. IMO, short interest perhaps will pick up somewhat in this stock during this week. Because when people are looking forward, 1st and 2nd quarters usually are not the best quarter for video gaming industry. With the high expectation, pull back seems a sure shot.