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


To: Sigmund who wrote (7216)7/24/1998 11:32:00 AM
From: Dave  Read Replies (1) | Respond to of 14266
 
Sigmund,

I think that this is just the typical post earnings BS...we may see it level off and then start ticking back up gradually next week. The stock split should help remove the mental roadblock of dropping every time we get into the $30's.

Dave



To: Sigmund who wrote (7216)7/24/1998 11:35:00 AM
From: MikeD  Read Replies (1) | Respond to of 14266
 
I can't say for sure, but this is in keeping with the pattern thus far, pre-earnings run-up, post earnings run-down. Of course, the most recent post-earnings drops did have news related, most importantly the WCW license loss.

My guess is that the shorts have taken over again, as they seem to from time to time.

It is kind of disheartening, at least short-term, to see the stock drop like this after posting great earnings again AND a stock split, especially when the same results for an internet company would cause their stock to skyrocket.