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


To: AreWeThereYet who wrote (3827)3/11/1998 1:42:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 14266
 
Last year, WCW is the only wrestling title available for N64 and it is also the only N64 title THQI has. I am surprised by the extent of reaction by the street

You really shouldn't be suprised by the street's reaction, after all it was the success of the WCW title that catapulted the stock over 30% in the first place (which IMO the market over-reacted then also).

Any stock with a P/E under 20 is attractive these days though.

Too bad, I don't have much room left in my margin account else I will buy all I can at $24 to $26!

Wow, your pretty bullish. I don't use much margin myself unless I can at least write a covered call to reduce the risk somewhat.