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


To: Burlitis who wrote (3839)3/11/1998 2:28:00 PM
From: Don Westermeyer  Read Replies (3) | Respond to of 14266
 
Alex,

Congrats on your profit, but I've never really felt THQI is a good short candidate, just somewhat risky as a long position riding momentum on a single title. In fact even yesterday I was wondering if I was wrong to bail. I suspect you will be investigated by the SEC on your apparently good timing! :)

A title like WCW wrestling does not have a long shelf life anyways (compared to big deals like Mario, etc.). It will be a good money maker for another year so THQI's earnings really aren't in any more jepardy now than before (IMO of course).

News like this should wake up the THDO fanatics relying on any single title (and THDO has 3X the amount of stock to support as THQI).

I think Nintendo's 'color' Gameboy will present another big opportunity for THQI in the future.

To be honest, the stock is looking quite attractive to me again in the low $20s. Looks like fear in the market may take it lower into the teens though.

BTW - I think THQI is very much OK as far as cash is concerned.