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

To: Apakhabar who wrote (8459)	11/5/1998 5:15:00 PM
From: Brian H.	Respond to of 14266

Apakhabar, Never apologize for taking profits off the table!!!! I too sold today as it changed direction from a technical trading point. I think we will see more consolidation, possibly another point or two and then establish a trading range. THQI has had an incredible run the past three weeks. We probably have an oversold position on hand, but a good consolidation and support is what this stock needs to move up to the $30 level. Even at $30 we are still trading at about a 16 PE of next years projected earnings. IMHO this stock will trade in the upper $30's within the next 12 months. Brian H