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

To: Marc Newman who wrote (8176)	10/8/1998 12:21:00 AM
From: pham	Read Replies (1) \| Respond to of 14266

200DMA seems to be a strong resitance at the moment.

To: Marc Newman who wrote (8176)	10/9/1998 9:02:00 PM
From: Bleeker	Read Replies (2) \| Respond to of 14266

Marc, are you aware of the insider purchases as recent as Sept. Not sure if this was posted: biz.yahoo.com Current positions: 2 shorts, including CCRD: a time bomb waiting to explode. Fourth highest percentage of planned insider sales in recent months and a P/E of only 110. I've spoken with all the analysts and they're very optimistic; except their earnings ests. for 1999 are double this year's and according to the CFO they feel very comfortable with Q3 earnings ests. which everyone knows about already. Meanwhile, CSCO, which also makes network routers, has a P/E of 55 or half CCRD's. My optimistic target for CCRD is $18-19 in 3-4 months if an economic slowdown (not a recession) pans out. And the insiders know it. I'm also short USTR and long PWRH: insider buying; share buyback; and very strong forward earnings (+100 in 1999.) They preannounced positive earnings last quarter. No position in THQI currently. Bleeker