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

To: judge who wrote (5771)	6/4/1998 12:03:00 PM
From: Sigmund	Read Replies (1) \| Respond to of 14266

I don't want to spend a lot of time talking about other stocks on this thread particularly non-electronic game/toy stocks so I will send you my thoughts on FAMH privately. With respect to THQI there are many points of view. I originally thought the stock was dead until next May or so and stated that on this thread. I went long in a weak moment....had been planning to go short and was suckered in by the magnitude of the earnings report and the enthusiasm of certain people on this thread....a very expensive mistake not easily to be repeated I hope. But now I see the timetable being advanced. It seems to me that the company will not have to wait until second or third quarter next year to establish that in can overcome the WCW problems. It looks to me like this will be accomplished in 60 - 90 days. So I have moved up my timetable to be bullish on this company by a year and that is a lot. I don't think that we are going to go straight up. I see a lot of up and down for the next 60 days or so hopefully redefining the chart from one that looks hopelessly bearish to one that looks neutral and eventually a chart pattern that looks bullish. I am not inclined to add to my position right now but an argument can be made that anything below about $22 is a pretty good entry price.