Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Marc Newman who wrote (8726)	11/25/1998 1:47:00 PM
From: AreWeThereYet	Respond to of 14266

>> Wedbush get horribly burned with its downgrade when THQ hit $20 last Nov. << Actually, Wedbotch downgraded it at $13 (split adjusted) and they upgrade it at around $18. That along with Stagger's recommendation is the famous "Buy high, sell low and buy high again" strategy. Since then, Wedbotch confessed and became a consistent supporter of THQI even during the hard time (we can call it Wedbush now) and Stagger Lee declared "defeated" after she lost a lifetime supply of chicken wings. At the same time, Aloha lost a grip of THQI because he used the money to daytrade ADVH... Is Penny Racer for PSX cancelled? PS: Marc, are you still holding AKLM? I sold mine already and now looking at MWY. Haven't buy yet as I am worried about the U.S. economy. The stock market is way ahead of the fundamental. aC

To: Marc Newman who wrote (8726)	11/25/1998 1:48:00 PM
From: Sigmund	Read Replies (1) \| Respond to of 14266

<<<< Could happen but I'd think the houses learned their lesson from watching Wedbush get horribly burned with its downgrade when THQ hit $20 last Nov. Then they had to go back and recommend the stock in the twenties when most of its clients probably got out in the seventeens.<<< Could easily happen again with Wedbush if they have the same analyst. If he had poor judgement then, I would anticipate similarly poor judgement again. But other analysts will simple raise their price expectations and more importantly see the logic for a higher PE. There may also be additional coverage.