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

To: Marc Newman who wrote (7801)	8/31/1998 9:48:00 AM
From: Marc Newman	Read Replies (1) \| Respond to of 14266

That's "healthy" reserve, of course. The preview wasn't working so I just sent it in blind. Decent open for THQI. Lot of retail buyers making their move. Now we'll see if real buying can come in later. If so, we're set up for one of our classic snapback rallies. Breaking $18 will be very tough right now, but it seems to me that $15 is a nice quick target once we get moving up. Marc

To: Marc Newman who wrote (7801)	8/31/1998 11:06:00 AM
From: Bleeker	Read Replies (2) \| Respond to of 14266

Will NWO contribute to a high concentration of revenue again? What will the revenue mix be like in Q3? Perhaps that is what the short interest suggests: that the revenue mix may be lop-sided again. Is this a possibility in Q3 or are there too many other games that will contribute to a more balanced revenue mix? I think a lot of small-caps will find it difficult to rally regardless of how undervalued they are if the DOW & NASDAQ continue to falter. I don't think anyone is looking at P/E ratios now. I'm no longer using a P/E of 22 for the sector average. If the DOW continues to crack we are going to see the exact opposite of the wealth effect as consumers with losses in their portfolios (or with trimmed gains for the year) spend less. Some would say that the stock market is discounting slower economic growth ahead. But in a perverse way this slide can contribute to less consumption and slower economic growth ahead as investor's see their purchasing power drop from this year's highs. I still think, however, that this sector will post stronger growth than other ones just because the installed base of PCs and game platforms has shown no sign of slowing; in fact, it's the exact opposite with the Sony Playstation this summer even if the increase was prompted by price cuts. Bleeker