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

To: Dave who wrote (8986)12/15/1998 8:17:00 AM
From: Andrew C.R. Biddle  Respond to of 14266
 
Dave-

I think there is small chance of Senate trial of the president. More likely will be joint resolution of censure by both houses. Senate will never have 2/3 majority to vote impeachment. If house votes to send the pres to senate for trial then the senate will come up with resolution for censure.

Just me Guess,
Andrew



To: Dave who wrote (8986)12/15/1998 8:20:00 AM
From: Richard Spitzer  Read Replies (1) | Respond to of 14266
 
Dave,

Remember, the market looks ahead. I believe the inevitability of an impeachment trial is already priced in the market. The only thing not priced in is actual "conviction" in the senate.

Regarding trading THQ, my approach (not to say it's the "right" one) is to keep my core stock position long term and to buy and sell options short term. I have an order in this morning for some Mar 30 calls, based on this latest correction.

Rich


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