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

To: Todd D. Wiener who wrote (7444)	8/5/1998 12:24:00 PM
From: Richard Spitzer	Read Replies (1) \| Respond to of 14266

Todd, Interesting that THQI and PURW showed similar drops and recoveries this morning. Do you think this was MMs taking out stops? Rich

To: Todd D. Wiener who wrote (7444)	8/5/1998 2:00:00 PM
From: AreWeThereYet	Read Replies (1) \| Respond to of 14266

Todd, that's very pessimistic to call THQI to revisit 200 DMA ($24.2) or lower. In October 27, THQI broke 100&200 DMA intraday but quickly recovered at the close. The other two times THQI violated the 200 DMA are during WCW annoucement and the "replay" of WCW annoucement. Do you think the pp announcement couple with bearish market sentiment really strong enough to sent THQI back to 200 DMA? Should I sell some of my holding to protect myself? I noticed TMAX too, there is a good chance that the downtrend will reversed after revisit $5.x. In fact I placed an order to buy TMAX at $5.75 this morning. The other game company I follow closely is AKLM, its WWF and Supercross are selling well in June and July and the AKLM sports also performs well against EA Sports. I believe it should be a $7 stock now. I don't own it but my girlfriend bought some at $5.75 based on her brother's advice. I also watching SMTC, OAKT and NCES, there are too many bargains out there (both long term and short term). Really hard to make decision. aC