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


To: Kory who wrote (7167)7/23/1998 12:52:00 PM
From: JGreg  Respond to of 14266
 
Looks like trade volume could hit 1M today!



To: Kory who wrote (7167)7/23/1998 1:07:00 PM
From: Sigmund  Respond to of 14266
 
But he could have said that there had been some conversations but THQI is not interested at that time. Or he might even have said that THQI is really more interested in acquiring intellectual property than studios and employees. He essentially said that but not specifically to a question re MPRS.

The August 20 I believe record date for the split should provide a prop for the price as that date gets close. Otherwise I think we will be a bit weak this quarter. There is not much more good news anticipated but not announced. Of course there is the Bear Stearns rumor and that certainly would be good news. I think they may wait a couple of months.

On the other hand there is now not much risk that the stock will be anything but substantially higher three days before end of year earnings. So buying at any level makes sense. I prefer to wait a bit to see the lay of the land, but I will be buying.

I only had a small holding this time around and sold at the open today. I only got $15 1/8 for some reason....oh well. But I want to reestablish my position and a larger one at that, but as I said, I will wait a bit to see if it comes down a bit. I don't anticipate anything like the mid twenties, but even $30 would be a nice entry point.