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

To: judge who wrote (7536)8/14/1998 2:01:00 PM
From: Quad Sevens  Read Replies (1) | Respond to of 14266
 
More evidence of a small cap meltdown (as if you needed it).

From Message 5492282

--------------------
Irving Weiser, Chairman of Securities Industry Ass'n was in Seattle today. He is "bullish on the market long
term," but noted that:

1. Companies with market caps under $300mm are down 40% from 52 week highs;

2. Companies with caps from $300 mm to $2 b cap are down 20% from 52 week highs; and,

3. Companies with $2 b + caps are down 9%.
---------------------

Those statistics are, of course, averages. THQ is doing significantly better than its peers, judged by that statistic.

Wade



To: judge who wrote (7536)8/14/1998 4:46:00 PM
From: Kelvin Taylor  Read Replies (1) | Respond to of 14266
 
True, but the stock meets strong resistance at 30. For some reason every time that price is reached the selling pressure drives it back down.

Kelvin


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