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

To: leisuresports who wrote (7771)	8/29/1998 9:16:00 PM
From: Marc Newman	Read Replies (1) \| Respond to of 14266

I sometimes look at these big market bets vs starting one's own business. It's a lot more risky to start a restaurant than put all one's money in THQI for the Christmas season, for example. Yet people do it. Start restaurants, I mean. Anyway, we have essentially made it to September and the game lineup is amazing. What was it, Sept. 4, Brunswick PC, Sept. 8 Bass Masters PC and Brunswick PSX, Sept. 11 Devil Dice PSX and G. Darius PSX, ... and that's only the first two weeks of the month. That's a lot of games coming out in a very short period of time. And the volumes that are shipped should give everyone a good idea that current estimates are too low. Marc

To: leisuresports who wrote (7771)	8/30/1998 1:43:00 AM
From: Kory	Read Replies (1) \| Respond to of 14266

Well said, I agree 100%. For some reason, diversifying your investments became a holy grail for investors somewhere along the line. As you say, <diversifying just to be diversified is meaningless > Although I have never had one company in my portfolio, I have been as low as two companies at one point. At present, I have five. It is much more important to pick good companies than a variety of companies. I don't consider one stock investing to be gambling. I do consider short term trading to be gambling. I could apply the same diversifying logic to all homeowners out there. Why invest all your money in just one house? Very risky - flood, fire, market collapse, etc. You should diversify and own small pieces of several homes. Or how about your degree/job? You should not get just a single job or degree because you don't want to risk having just one occupation. Or your wife - I guess Bill Clinton believes your should diversify there as well. :-) And Bill Gates must have been gambling to keep so much stock in Microsoft, right? Kory

To: leisuresports who wrote (7771)	8/30/1998 2:54:00 PM
From: Ron Harvey	Read Replies (2) \| Respond to of 14266

<< That being said, you obviously realize that putting all of your portfolio in just one company IS risky but you apparently have balanced the risks and rewards>> Let me guess who you really are. . . . Umm, Peter Lynch? No wait. Warren Buffet? Err, Barton Biggs? Louis Ruykeser? Wait! Maybe Bernard Baruch in resurrection! . . . Hold it! I know, I know! Don't give it away yet! Bugsy Siegel! Holy catfish, it's B.S.! Good old B.S.! (You should see the Flamingo now.)