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


To: Marc Newman who wrote (4885)4/22/1998 7:07:00 PM
From: M. Frank Greiffenstein  Respond to of 14266
 
Marc, watch the Form 4's is all I can say...

Watch for SEC Form 4's. For $49 bucks a year, you can do excellent insider buy/sell research through insidertrader.com.

Wisdomtree sold a big chunk last January. Wisdomtree is also one of the poorest performing hedge funds. Their buying or selling is of no consequence. Individual Investor has been wrong so many times on what is going on with THQI, that I have just discounted their importance.

The big selloff today was simple: Everybody saw "88% of revenue" and freaked out. Big deal, it is old news. When the market realizes that THQI will make big $$ off WCW for the next 14 months as well as produce other hits, today's price action will be a dim memory. It goes to show that the market is inefficient, sometimes irrationally so.

Look for a big bounce tomrrow.

DocStone