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


To: Marc Newman who wrote (5839)6/9/1998 10:38:00 AM
From: Bleeker  Read Replies (2) | Respond to of 14266
 
I think the real short covering starts if THQI breaks through $26,
which I think will happen sooner than everyone thinks. The closer
we move to the release of Quest and to Q2 earnings, the window of
opportunity for the shorts to cover will get smaller and I think
the pressure to do so will increase. I mention $26 because THQI
tried to break through this level on more than one occasion in
recent weeks unsuccessfully. But this time it will have the RPG
games on its side.

The official announcement for Quest will probably come on Monday
or Tuesday. But I was told by DL that EB should have the games
by Saturday. Next week should be interesting.

Bleeker