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

To: Sigmund who wrote (3684)	3/2/1998 6:34:00 PM
From: Marc Newman	Respond to of 14266

Sigmund, my guess is that nothing major is happening. It is just that THQ is on the radar screens now and also that new people had the weekend to really look at THQ's amazing prospects. Plus, the fact that THQI took off early meant that shorts covered and people who hate not having a full THQ position gave in and bought back the shares they recently sold. I posted how I got up too late to really take advantage and ended up selling at 29 7/8 because I agree with you that we will have a little trouble with thirty. Nonetheless, I was happy to see some more shares trade above that level today. Bought back at 28 3/4 and will buy more tomorrow if we drop further. I'm trying to be patient. It worked today. I just feel we are due for some overall market weakness. Notice how the price declined with the volume today--we were pretty dead the last hour. I hope it continues for the rest of the week. Keep sharing your thoughts with us, Marc