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

To: AreWeThereYet who wrote (3786)	3/11/1998 9:55:00 AM
From: JakeStraw	Read Replies (1) \| Respond to of 14266

THQ and WCW Do Not Intend to Renew License Agreement CALABASAS, Calif.--(BUSINESS WIRE)--March 10, 1998--THQ Inc. (Nasdaq/NMS:THQI - news) Tuesday announced that THQ and WCW do not intend to renew the license agreement with respect to WCW World Championship Wrestling. As previously announced, the existing license expires Dec. 29, 1998, and allows THQ to continue to sell products on hand and in process at that date through June 29, 1999. ''Since we have been extremely successful with our line of wrestling products utilizing the WCW license, we fully intend to continue in the genre with outstanding wrestling games,'' said Brian J. Farrell, president and chief executive officer. ''We are very excited about our product line for 1998, which includes not only Nintendo 64 and PlayStation sequels to our WCW products, but also 'Quest 64' and the just-announced 'The GranStream Saga' in the role-playing genre, our 'BASS Masters' game for PlayStation and PC, and of course, our 'RugRats' products for the fall,'' he continued. THQ develops, publishes and distributes interactive entertainment software worldwide for a variety of hardware platforms, including PC CD-ROM, and those manufactured by Nintendo, Sony and Sega. THQ has headquarters in Calabasas, and is publicly traded on Nasdaq under the symbol THQI. The THQ Web site is located at thq.com. Contact: THQ Inc., Calabasas Aimee Greenholtz, 818/223-3116 (Media Relations) Deborah A. Lake, 818/223-3123 (Investor Relations)

To: AreWeThereYet who wrote (3786)	3/11/1998 10:31:00 AM
From: RealMuLan	Read Replies (1) \| Respond to of 14266

Actually I have sold my position yesterday, luckily. I still remember that I said something of closing the gap between $24 and $26 on this thread right after the earning surprise, and quite a few people jumped at me and said good stocks never close the gap, and even compared THQI with DELL. Today's action is sort of closing the gap, although not complete yet. So now I think maybe $24 or so is the safest price to enter. Just my two cents. Good luck.