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

To: Jeff W. who wrote (4892)	4/22/1998 7:08:00 PM
From: AreWeThereYet	Respond to of 14266

fnews.yahoo.com >> (Nasdaq:THQI - news) was bodyslammed $3 1/16 to $26 15/16 after an analyst at B. Riley & Co. rated the company "underperform" on the belief its license for the popular World Championship Wrestling game will not be renewed. << Oh Boy, is it a joke? Is that Analyst from B. Riley & Co. just find out that THQ won't renew the WCW license??? And underperform??? With respect to what??? Since when the industry change the rule of game? Losing more money is better performer like those Intenet companys? Sorry Todd, this time I cannot participate to average up because I don't want to blow out my margin account! Unless you lend me your money at prime :o) aC

To: Jeff W. who wrote (4892)	4/22/1998 7:09:00 PM
From: Todd D. Wiener	Respond to of 14266

Jeff- You're too kind. I currently own 50% more THQI than I owned on January 1. This is my largest stake ever. My cost basis per share on my most recent 1/3 of my shares (bought in 1998) is slightly above today's close. I increased my stake by 29% this morning. Ordinarily, I wouldn't have bought more shares, but considering the excellent outlook and extremely low valuation, I considered it a wise use of cash. Besides, I've liquidated several other positions in recently weeks, providing me with ample buying power. I've spent half the day recommending this stock to most of my clients. Most of them bought more (at lower prices than I bought today). Gauge my confidence? It's very high, thank you. DocStone- "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." You bet! This is what many of us have been saying! Once the stupid funds who sold today realize that the stock will go higher without them, we'll see seller's remorse and there will be a buying panic. If $26 becomes the Q2 low price, we're in good shape. THQI will announce 1999 titles at E3 next month, and they'll showcase late 1998 titles. After E3, in June, we'll be able to gauge THQI's Q2 results by checking the sell-through and demand for Quest 64, BASS PC, and Granstream. In July, RedJack is out, in August, it's BASS PSX, in September, there's Dead Unity PC. And in July, there's the Q2 report. In October, we'll have Rugrats and Brunswick, and in November, we'll have Speed Tribes. In October, we'll have Q3 results. Then there's the holiday season run-up that THQI enjoys. By year-end, we'll know what much of 1999's lineup will be. The stock will be MUCH higher by then. Todd