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

To: Joe Casey who wrote (7455)	8/5/1998 11:46:00 PM
From: gofrank150	Respond to of 14266

<< I don't think Todd sold b/c of a change in fundamentals. It was more of a market risk decision. THQI is a volatile stock with a high beta. If the market tanks, so does THQ. Very simple. >> For me, its the questions raised by the debt offering. I sold a large chunk of my holdings the day after this was announced because, on all prior bad news, day 1 was always the beginning of the fall. Of course i got the low of the day and of course it bounced this time and I was cussing myself. Todays dip helped restore me back to 50% of my prior position. But I will be slow to restore my full position until I know more about what they will do with the 60 million. I am not necessarily opposed to the debt offering, however, i do think it took what should have been a nice easy cruise into the mid-40s into a wild roller coaster ride. Chris