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

To: vc21 who wrote (6264)	6/22/1998 10:55:00 AM
From: Jim Willie CB	Respond to of 14266

confirmed IBD ranked THQ #1 ... three companies cited in brief column about dominance of largecaps, with contrast of small companies owning games breaking into top ten ... Lucas -- THQ -- Acclaim it is all small print, easy to miss, no lift today but puney volume ... IBD aint no Barrons or WallSt Journal Sigmund, G7 support for the JYen has its costs ... the US Treasury Bond market will be weakened somewhat ... if US$ continues to come down over the next several weeks, expect slightly higher bond yields since bonds and dollar are linked tightly ... goose will like better exporting potential, but gander will not like higher bond yields ... with inflation in check and fed surplus growing, I dont see a return to 6% yeilds except maybe a re-test of 5.75% interesting article in Barrons about PE ratios being calculated from "previous cycle peak earnings" to avoid the vagaries of fluctuating earnings from qtr to qtr ... it is in introductory Abelson editorial / Jim Willie

To: vc21 who wrote (6264)	6/22/1998 11:24:00 AM
From: Bleeker	Read Replies (2) \| Respond to of 14266

Thanks for confirming it. I get the sense that after the Squawk Box appearance and the IBD ranking, THQ is probably being tracked closely by the Street, especially because so many other companies in the sector have poor earnings. THQ's current P/E represents an anomaly considering its top rank status in the sector and it will only be addressed somewhat by Bastille Day. In the meantime, I did a foolhardy trade this morning with BROD. I typically can't stand day traders but I bought BROD this morning after the acquisition news at 17 5/8 and sold it for a 10% move an hour later. It's amazing how inefficient the market is sometimes and how risk premiums can shrink so quickly. P.S. I first saw the BROD acquisition news on this thread, other- wise I would not have made the trade. Thanks Andrew, Bleeker