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

To: Apakhabar who wrote (7324)	7/28/1998 10:08:00 AM
From: Sigmund	Read Replies (1) \| Respond to of 14266

I agree on the volume. Well, there is no need for any panic. THQI really hasn't done anything yet. But I do think that the price will not recover much until just before the split date and really not before the third quarter earnings announcement. Even that is sort of watered down soup based on Todd's analysis, so I don't think we will see prices much higher than the high thirties (pre split) until the end of the year. I think that is why the stock receives slightly negative news like this hard.....the upside is a bit off in the future. But there will be buyers interested in the stock at these levels, so I think the downside risk is not very great at this point. I had previously estimated $25 and I still think that might be the ultimate low. The ultimate impact of all of this however might be a reduction in volatility next year and beyond.