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: leisuresports who wrote (7197)	7/23/1998 11:51:00 PM
From: Joe Casey	Respond to of 14266

ERTS downgrade: Princeton, New Jersey, July 23 (Bloomberg Data) -- Electronic Arts Inc. ERTS US) was downgraded to ''hold'' from ''buy'' by analyst Sean P. McGowan at Gerard Klauer Mattison & Co. Sean decided to leave THQ alone. THQ didn't receive any upgrades today but may soon. I'm anticipating new coverage by Piper Jaffray. I saw alot of big blocks go at the ask today, so it looks like others also may be anticipating something. Some pundits think the market will reach oversold levels sometime tomorrow and then expect a new rally. It will be interesting to see how the market affects THQ tomorrow or whether it will trade on its own volition (Up...that is). C'mon Street: THQ at least deserves as high a market cap as ATVI if not the same PE multiple (which is over 30 for ATVI). How about matching the market cap of GTIS which is 540 million. That would be nice and deserved.