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

To: AreWeThereYet who wrote (7364)	7/30/1998 2:09:00 PM
From: JEFFREY S. FENDER	Respond to of 14266

>>>>There are couple large block sells (greater than 60,000 in total) this morning to bring the stock down to $28 to $28 1/4.<<<<< I saw a couple of buys this morning at that volume <g>

To: AreWeThereYet who wrote (7364)	7/30/1998 3:17:00 PM
From: DAVID BANISTER	Read Replies (2) \| Respond to of 14266

I spoke with investor relations Debbie Lake yesterday. They will announce more details probably mid-latter august on the PP of bonds. These are expected to be placed by mid-august. Investors pretty well lined up, road show next week to those institutions that may buy them. She does not have nor can she release any specifics prior to that due to SEC rules which I understand. I suspect the conversion price is the unknown force here which we need to reckon with. Hopefully its at least 40-45 per share, preferable 45 at minimum. Then there is no need to really short the stock at all if its a fixed price premium. In fact, its better to drive the stock price up, not down. Watch for coverage from Bear Stearns or Piper Jaffray soon, especially if they buy some of the bonds.