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

To: Ron Harvey who wrote (7075)	7/22/1998 8:59:00 PM
From: DAVID BANISTER	Respond to of 14266

Been lurking, havent been writing. I bought thqi march 11th at 21 1/2 after the plunge which I felt unwarranted. I have held to 32, back down to 21, now here we are at 34 1/4. I bought more today at 34 and 34 1/2...averaging up as it were. Many people make the mistake of selling their strongest stocks, and buying more of their losers. Many times its smarter to average up in your strong stocks, and sell the losers. I have been guilty myself of doing it backwards. This time, not happening. I have a $54 share price target by years end or late jan 99. I bought 6,400 shares in march and today added 1,995 more. I also own 784 shares in my IRA bought at 24 3/4. My point is I am not blowing smoke, this is a good long term company to invest in. A p/e ratio of 25 is to be expected on 98 earnings by years end. Im guessing estimates will be once again raised to closer to $2.40 per share. Look for a nice run by year end if so, and a stock split. Hang on to your hats... wall street is about to wake up and notice.