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


To: Don Westermeyer who wrote (7845)9/1/1998 10:33:00 AM
From: MikeD  Read Replies (2) | Respond to of 14266
 
It makes no sense, I mean things are bad all over, but where is the money going? I've held onto my shares, and still will because going forward the fundamentals look great. I'm having a hard time grasping why this stock is getting punished so excessively though...

It's funny (ironic) that like the overall market, I'm right back where I was about a year ago. Bye-bye long-term gains...



To: Don Westermeyer who wrote (7845)9/1/1998 10:37:00 AM
From: NeverRight  Read Replies (1) | Respond to of 14266
 
A question for anyone out there who has been in small stocks longer than me.
Is there a possibility that THQ will buy back shares? We could use the support.
I can think of reasons why they wouldn't want to do it.
1. It's a market condition and the company is still doing well, so why do anything.
2. They want to preserve cash for growth.
3. They don't have that many shares outstanding and want to maintain the liquidity in the market.
On the other hand.
1. They have excess cash and if their prospects are as good as we think they will continue to bring in cash.
2. Buying in stock will put you in favor of institutional investors.
3. After the price comes back they can use the shares for aquisitions or stock grants to employees.