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


To: gmccon who wrote (7374)7/30/1998 6:29:00 PM
From: AreWeThereYet  Respond to of 14266
 
gmccon and JEFFREY
Do you remember me? I made a number of posts in IOM thread in the past. Most of my posts are related to technical and marketing issues of the SparQ, HiFD and LS-120 but I did mentioned that I don't like IOM, SYQT and even Sony!

IOM is a total different story. Before the Clik, it is a two products company (forget about the Buz). Zip is facing stiff competition from LS-120 and "vapor" threat from HiFD. Jaz is too expensive and will eventually replaced by SparQ or Orb if no further price reduction. In any outcome, the result is reduce gross margin and market share. If Sony able to released HiFD before holiday season and work as spec. Zip will be toasted within 3 years (it won't dead suddenly because there are still 15 million users out there.) If HiFD aborted, then IOM has a good chance to success but given the weakness of the overall dd industry, how high can IOM go??? It has nothing to do with sub-20 stock, it is the fundamental that kill the stock.

JEFFREY: I hope you are right on the large block "buy". I saw the price dropped from $28.50 to $28.25 (10k), then to $28.00 (30k) and back to $28.125 (20k). Those transactions could be upticks but the price was declining. Anyway, the afternoon rally basically erase my concern, it carried us back above 50 DMA!

aC