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


To: Richard Spitzer who wrote (9568)2/2/1999 10:59:00 AM
From: Roy F. Baker  Read Replies (1) | Respond to of 14266
 
Richard, I was going to make the same point as you. The market conditions are not even close to October and THQI was at a very low level at that time. I expect more weakness in the near term, the only strength is 4th quarter earnings announcement. Unless I miss my guess, other than Rugrats for "64" (which has a huge marketing expense), few big releases are planned. That means AGAIN they will gear up for the last few months of the year for Christmas sales. This company has a strong long term growth situation; but short term the stock is under pressure, IMHO!

Regards,
Roy



To: Richard Spitzer who wrote (9568)2/2/1999 12:01:00 PM
From: AreWeThereYet  Respond to of 14266
 
Rich, he is refering to the technical indicators.

aC



To: Richard Spitzer who wrote (9568)2/2/1999 12:28:00 PM
From: go4it  Respond to of 14266
 
Rich,

I think it is quite relevant in the comparison of patterns. When looking at a stock from a technical standpoint one goes on the premise that a stocks price oscillates and when a recognizable pattern emerges then one can make money from that pattern. That is not to say that fundamentals will not change a pattern or that the pattern is locked into a specific price but very often you can see patterns of accumulation and distribution occuring. Currently I am predicting/hoping for a three week period of accumulation to start today or tomorrow. Of course if this were an exact science I would have been retired years ago.