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

To: Don Westermeyer who wrote (3933)	3/12/1998 1:21:00 PM
From: AreWeThereYet	Read Replies (3) \| Respond to of 14266

Is the lost of WCW license the only bad news or something bigger is coming? I mean the reaction just don't make sense. Two days ago THQI is ready to break $33. And now we lost 35% of its value for something which won't affect THQI for the next 15 months! BTW, if WS really want THQI to lost 39% of its value, then we shall see $20.10 soon. aC

To: Don Westermeyer who wrote (3933)	3/12/1998 1:29:00 PM
From: RealMuLan	Read Replies (1) \| Respond to of 14266

This stock p/e is now 16.3, their 5-yearl range is 11-40. So now is close to their 5-year low. I think as long as they don't miss March quarter earning, the price will come back at least to $26 or so. However, the trick is: what is the consensus estimate? From First call's 36 cents to Motley Fool's 18 cents. I am confused.

To: Don Westermeyer who wrote (3933)	3/12/1998 1:53:00 PM
From: Roderick Ciferri	Read Replies (1) \| Respond to of 14266

Don: I sold this stock for technical reasons. Specifically, it has broken its 50 day moving average. I, too, think the news yesterday wasn't bad enough to warrant the sell-off, but the market apparently doesn't agree with me. I'm not going to fight the market. Like it or not there are many traders who make their trades based on TA. That's why I am a capitulated bull. Rod

To: Don Westermeyer who wrote (3933)	3/12/1998 2:13:00 PM
From: Burlitis	Respond to of 14266

Wow Don, you are good at shorting, i'm really suprized you didn't jump in. This board is a gold mine for shorts<G> i just closed another position myself. The real issue here is why the CEO didn't renew the license.imo,He should of been building this company, buying distribution companys, buying GOOD companys, not the software company that made Pax. He's got a few million to spend, that's chump change in this business. He put all his eggs in a basket, now the fox has taken the eggs, and the hen house to. You follow this industry as closely as i do, heck we both play the games these companys produce, we know this industry. You can't be a one hit wonder anymore, and you don't lose licenses.They are money in the bank,you can always sell them if you NEED to. This company has been living off the crumbs that other companys fed them. I wouldn't be a bit suprized if ERTS wanted to buy them, CEO said no, ERTS played hard ball. I'm looking at TTWO, thank goodness there's no SI board,Yahoo,etc. They have been buying distribution companys, just bought BMG today and are making N64 titles. They also make great PC Games, Black Daliaha was just released, very good game, lot's of positive feedback on Usenet. I haven't bought yet, but i'm a watching closely. Alex