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

To: crysball who wrote (4854)	4/22/1998 12:56:00 PM
From: Travis L Burrus	Respond to of 14266

To answer your question I do not know. Sure all information avialable is important but I feel the conference call is having no impact on the stock price activity today. The activity is based on the earnings announcement of receiving the majority of revenue from WCW. You have traders, investors, market makers, and short positions and when you combine these four types of position holders you get todays activity based on what I said earlier. A profit can be made today or in the long term. If you have to ponder over your holdings and second guess decisions discusions arise that I feel are unimportant.

To: crysball who wrote (4854)	4/22/1998 1:24:00 PM
From: Bleeker	Read Replies (1) \| Respond to of 14266

Cryball, this stock likes too discount negative news. We're bleak investors here (this is in part tongue in cheek). Farrell was cautiously bullish but he always hedges his remarks like that and then surprises. I would much rather have it that way. But that's all long-term. No one is looking at P/Es today or at Farrell's forward and bullish comments about Quest 64, Rugrats and the Color Nintendo, etc. There was a lot in the conference call: THQI plans to increase its international sales substantially (it was only 13% this quarter I think.) He did say that this was a wildly strong quarter beyond THQI's expectations, especially for an off season. Today is another great buying opportunity. The profit takers and short term traders I would think will exit THQI by the end of the day. Meanwhile, THQI's P/E is at its historic floor: that's severe undervaluation. This is a selloff of sorts we have seen on good news. Bleeker