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


To: JEFFREY S. FENDER who wrote (9470)1/26/1999 1:59:00 PM
From: JakeStraw  Read Replies (2) | Respond to of 14266
 
I think we might go a little lower, but who knows?



To: JEFFREY S. FENDER who wrote (9470)1/26/1999 11:08:00 PM
From: Jim Oravetz  Read Replies (1) | Respond to of 14266
 
<<An institution decided to get out>> I was thinking the same thing.
Not sure why this would really be some managers plan, given the public knowledge about the future earnings. Maybe the numbers on wrestling games are again out of proportion, on a % basis, and that will cause the stock to drop even after blowout earning are announced.(cause the numbers are not sustainable or ?)

Or worst, maybe there is some dilutive stock activity, ie a company purchase or split that was quietly told to the large institutional investor, while the avg Joe is blind. As noted, BF has been very tight lipped about all matters - otherwise the SEC would be on his back. It's just that this stock is acting like it did when the rumored MPRS (sp) deal was not "public knowledge" but yet was drifting slowly downward.

JMHO
Jim



To: JEFFREY S. FENDER who wrote (9470)1/26/1999 11:31:00 PM
From: Ken  Respond to of 14266
 
Jerry, I agree with this assessment although I didn't have time to investigate why the stock held so firmly at 24-3/8 on Monday afternoon (I do software app dev work for a living, no day trading for me!!) Lots of shares sold at that price while I was trying to buy just under the asking price for a long time with no luck. So, if the selling is over, we should see a nice rebound. I'm already overweight the stock or else I would certainly continue to buy more. Valuation is so compelling. Software video game industry is a +$5 billion industry that is growing double digits. Also, 1 in 6 US families has at least one Sony Playstation.