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

To: Sigmund who wrote (4610)	4/15/1998 5:05:00 PM
From: AreWeThereYet	Respond to of 14266

Sigmund, Congrat to you for ToyMax. >> Did SL panic and cover? << I don't care, as long as she doesn't long THQI. If she does then I have to re-study THQI's 10K. I think the move at 3:00pm did triggered lots of buy-stop orders. More fun will come up when earning annouce next week. About bookvalue, it means little for companies that having good time. It is meaningful for those who are suffering like SIII, OAKT, AMD (There are more examples in chip-industry but I follow these three constantly). For these under-performers, bookvalue indicates a good support price. What you find is many of these stocks has Price/Sales ratio very close to 1 or even below 1 (eg. SIII) and their downtrend ended close to book$. When a company turn-around, the bookvalue becomes less important again. UIS is another good example, it had negative book value not very long ago (traded around 8 to 11 at that time). Good Luck aC