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


To: Ron Harvey who wrote (8160)10/5/1998 9:12:00 PM
From: Kelvin Taylor  Read Replies (1) | Respond to of 14266
 
With market conditions as bad as they are(and getting worse)who is ready to bail out when THQI announces earnings? Anyone concerned about a steep selloff after the numbers are made public, regardless how good they are?
$20(30 pre-split) has been a very strong resistance level in the past and with a runup just prior to the release the temptation will be there to cash in and buy back on weakness. $24 plus change is the 52 week high. Seriously doubt the stock can reach that price this time around.

Kelvin



To: Ron Harvey who wrote (8160)10/6/1998 11:42:00 AM
From: Ron Harvey  Read Replies (1) | Respond to of 14266
 
After jumping in again at 15 yesterday, I certainly liked the buyside eagerness early this morning, but it didn't seem that there was enough confirming volume to hold in the mid 16's, so I sold at 16 3/8. Got back in at 15 3/4 because the stock seemed to steady on more attractive volume. I feel, not mistakenly I hope, that the forthcoming earnings and THQI's typical price action at earnings time provide a comfortable safety net for buyers at this price.