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

To: M. Frank Greiffenstein who wrote (4869)	4/22/1998 2:39:00 PM
From: Mr. Aloha	Respond to of 14266

For all we know, they could be taking this down to get in and take it up again when their ready. With such a small float, it's easy to manipulate. I'm surprised by today's action but then again I was surprised at how quickly we moved from $18 to $30 :-) Aloha

To: M. Frank Greiffenstein who wrote (4869)	4/22/1998 3:15:00 PM
From: Bleeker	Read Replies (2) \| Respond to of 14266

Okay, okay, I'm selling my Treasuries already to free up some cash. If there is a 2 basis point spike up in the long bond today, you know why. By the way, WCW's contribution was really old news (look at my post #4550, paragraph 5.) Most on the thread expected it really. From a valuation perspective, THQI is cheaper today than at any other time in the past three years. From a balance sheet perspective, it is probably at its strongest. With Game FX, it is a bigger company and better prepared to generate revenues from PC games. And it has $22 million in cash intact to buy more titles. From a growth perspective, conservative Farrell expects 20-25% growth in 1999 at a time when the fundamentals of the industry are very strong. From a forward earnings perspective, this is one of the few companies in the industry with predictable earnings for the next 14 months. To not expect profit taking after a two week run up would not have been sustainable I think. But the P/E (backward, forward, sideways) suggests that this is an other opportunity to buy (this is not a buy call to short-term traders.) I think today's selloff is healthy: the average cost base of THQI holders is much higher today than yesterday. And more than 1.6 million shares have traded from 6.9 million shares outstanding. With Dim Sum, Bleeker