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

To: Andrew Fenic who wrote (3959)	3/12/1998 3:30:00 PM
From: Trippi	Read Replies (1) \| Respond to of 14266

"may turn in to an outright panic"..............boy would sure hate to see what that looks like Trippi

To: Andrew Fenic who wrote (3959)	3/12/1998 4:15:00 PM
From: Jack Be Quick	Respond to of 14266

<<What worries me a bit is how much the THQI discussion resembles IOM.>> The IOM experience must have made quite an impression on some investors - I've seen it mentioned by several people in connection with THQI's steep drop. I'm not really all that familiar with the IOM story, but aren't there a few significant differences? Like, didn't IOM stock split about 5 times in 5 months (these numbers are just wild ass guesses and may be exagerated) and double as many times? And wasn't it one of those high growth tech stocks that was accorded a trailing p/e of about 350? And wasn't it's chart displayed every day on CNBC during its meteoric rise? And is this really applicable to a company like THQI, which has in modern times always been valued conservatively based on trailing earnings that they have had to prove every quarter? I really don't see the connection. As to overblown corrections, I used to keep a story around about some poor souls who took a 50% hit in a stock that was trading around $30 (not a penny stock) when the co. missed quarterly estimates by $.01. This stuff happens. As to the other point that has been made regarding THQI not having the support and resilience of the large cap mutual fund stalwarts like IBM, INTC, etc., yeah, that's probably true - less bounce, slower rebound is likely. JMO. John