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


To: Bleeker who wrote (6129)6/18/1998 1:45:00 PM
From: Sigmund  Read Replies (2) | Respond to of 14266
 
How about "Dim Sum Vengence on the Shorts" or Pursued by the "Dim Sum Manta" or "Staggering Legions"? I understand that these titles are totally sold out.

I recall the saga of the $20 price point. We crossed it, fell below it, crossed it, fell below it, went substantially above it, then fell precipitiously down and through it, rallied and fell back to touch it.

Perhaps $30 will be like that. It has been pierced on the way up I guess twice now and we may have to do it a couple of time more to be done with it only to revisit it after the split.

To a long, the $30 price point is a barrier. To a short, it must be somewhat more threatening.



To: Bleeker who wrote (6129)6/19/1998 1:04:00 AM
From: Marc Newman  Read Replies (1) | Respond to of 14266
 
Bleeker, thanks for the heads-up on EIDSY. Your comments about Volpe brings up an interesting point. Is this knowledge known? Has it caused the price to drop from $17 to $14 already? Is it priced into the stock now? Anyway, I'm looking at EIDSY like I looked at THQ last summer. Gonna have a good Christmas and looks cheap as a six-month play. I mean, even if the quarter turns out to be disappointing, would the price even fall much considering that those earnings are in the past and the hot part of the videogame year for sales is just starting? I've also got so little EIDSY that I am still rooting against the stock. A drop to $12 would be fine with me, as I could then buy more at a cheaper price. (I'd still rather buy THQ but am trying to not get even more overloaded on the stock at this point.) But considering the company-specific release dates (Dominion, Deathtrap Dungeon, Final Fantasy VII), I don't think a slow sales period matters much, just as we are seeing with Quest sales for THQ.

How efficient a market is the NASDAQ anyway? <<GGG>>

Marc