SI
SI
discoversearch

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: Todd N. Weisrock who wrote (8991)12/15/1998 3:46:00 PM
From: Marc Newman  Respond to of 14266
 
Well, I have to admit that I had a no-lose situation last night. I'm from Michigan and have rooted for the Lions for decades. But I prefer the 49ers now (they went 13-2 my first year here, when can the Lions say that?) and they needed the game more last night. I'm holding out hope that they can catch the Falcons as I'd like to avoid the Packers as long as possible in the playoffs.

In the same sense, I felt that THQ was a no-lose situation for me the past few days. If it goes up, I win, if it goes down I can buy more and replace shares I sold in the thirties. I've been buying again today though another of my orders at 27 1/16 was too pessimistic.

As far as the market goes, my pessimism is waning and for the first time in a month I have no shorts and am 200% long. One reason is that stocks have come down a lot, another is that I think the Clinton thing is overdone. Another reason is the latest study that shows the biggest gains of the year have come during options expiration week. In fact, if you take out all twelve of those weeks, the markets are flat for the year.

But the biggest reason I'm mega-long right now is my overweighting in the video game sector. The companies are having a great season, plus the PC Data and TRSTS reports come out very soon. I'm heavy in the companies that I think are going to grade highly. Particularly THQ.

My thoughts,
Marc

PS--the nice thing about the Lions going 4-0 on national tv before last night is that those were the only games I've been able to watch!



To: Todd N. Weisrock who wrote (8991)12/15/1998 4:01:00 PM
From: leisuresports  Read Replies (1) | Respond to of 14266
 
Okay, so the Lions stink. At least we still have the Wings to cheer for.

s.r.