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

To: Roderick Ciferri who wrote (3889)	3/11/1998 9:44:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 14266

Rod, the short term action is very tough to call. It bounced from around 24 which was the area from which it was returned in Feb and January (before the recent explosive rally). I think that 24 should hold. If it does, I am afraid it will trade in a narrow range of 24 to about 28, possibly until two three weeks before the next earning report. If 24 does not hold, be prepared for a drop to 17. I have decided on a "mental stop at 22.5. I hate to let this one go, a rare case where you do not have to watch what is happening. As for their announcement, it was really not up to them, by law, they had to announce, because it is indeed material information. Furthermore, they probably knew that ERTS will come with their announcement that they got the license for the next five years. Zeev