Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Marc Newman who wrote (7028)	7/22/1998 8:29:00 AM
From: Joe Casey	Respond to of 14266

Marc - I appreciate your comments and I definitely was reaching when I implied that the slide in early March was due to the blowout earnings. I am also more bullish on the stock knowing that investors have already been taking profits. From the way the stock has been moving, there is strong indication that a new base of long positions at higher prices has been established and renewed interest in THQ will continue. Also helping strong demand is the small float of available shares. This quarter is different from last quarter in that I believe the CC will go much better, and BF will not make the mistake of clouding THQ's sustained ~30% growth rate with talk of not blowing out earnings by greater than 100% in the future. I guess that was my point in debating the value of blowing out earnings by such a large margin and why I think it was a negative. It ostensibly back fired on us due to the CC comments by the CEO. BTW, I also think a split is on the menu.