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


To: Don Westermeyer who wrote (7855)9/1/1998 12:23:00 PM
From: Kory  Read Replies (1) | Respond to of 14266
 
THQ's business is not broken, even though some short term traders may be..

The fact is that about 10% of the shareholders decided they didn't want to own THQ anymore, and given market conditions, buyers weren't there to give them the price that they wanted. The price is therefore going down as the relatively small group of sellers become more and more desperate.

As one of the approx. 90% who have not sold (and aren't even thinking about selling in my case), I have waited to see how desperate some of the sellers actually are. But I don't think it will quite go to zero, so I guess now is as good a time as any to buy more.

As Eddie Murphy says in Trading Places - "I think it is time to bail them out". It's just hard to choose right now, with several stocks I track trading at some significant bargains.

Kory