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


To: Sigmund who wrote (8574)11/14/1998 4:58:00 AM
From: Kory  Respond to of 14266
 
Curiosity from the 10-Q cash flow statement:

Earlier this year, THQ purchased some "Investment Securities" for $1,081,000. In this quarter they sold them for $863,000 and therefore recorded a loss of $218,000 on the transaction.

Does THQ hedge (foreign currency, etc.)? Did not see anything like this in 1997. Anyone have any idea what this is all about?

Kory



To: Sigmund who wrote (8574)11/14/1998 12:21:00 PM
From: AreWeThereYet  Respond to of 14266
 
>> It is too easy to get shut out of THQI by selling and being reluctant to buy back in at a loss. So I decided to just be an investor. <<

Ditto here :o)

I told people to get back in on Wednesday evening. At that time, I planned to buy some more at around $21.50 to average UP. Too bad the uptrend after the 40% retracement is too fast and I failed to execute my order. Now my only hope if it really fill the gap that Brian suggested. BUT I DON'T BELIEVE A GAP *MUST* BE FILLED, ESPECIALLY THIS IS NOT A VIGRIN GAP!!!

aC



To: Sigmund who wrote (8574)11/14/1998 5:49:00 PM
From: tom r. phillips  Respond to of 14266
 
semi-OT :Sigmund -- i've been in that painful "do i buy back in?" spot. sold some LU calls way too early, didn't buy back in, and said "ouch!" greed and fear are always lurking. doing one's best to forget recent history and to make a fresh decision helps. i also like the metaphor of the market being a flowing river -- if you go with the flow of your own best judgment, as well as the river, you can't miss. (i know words are cheap :-) )

i read recently that AOL went public in 1992 at .75 per share. i wonder how many sold at 1.25 and didn't buy back at 1.50 because it was too expensive?

tom phillips