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


To: Todd D. Wiener who wrote (9622)2/4/1999 8:19:00 PM
From: AreWeThereYet  Read Replies (2) | Respond to of 14266
 
"Four-player combat is certainly one of the biggest avenues in which the traditionally two-player fighter genre can grow. And Shao Lin may be one of THQ's biggest games ever if the company can get it right. -- Douglass Perry"

I certainly agree and has been saying this many times. Fighting games have good consistent market worldwide (not only domestic like the wrestling titles). I wish Shao Lin will be the Tekken's killer.

Looks like what happened to THQI's stock price is another technical consolidation, although it is a quick and strong one. There are many small investors who don't have good understanding of THQ, all they know is THQ's stock price is extremely volatile in past 13 months. So selling pressure picked up stream when support levels were broken one by one. Stochastic and RSI indicators both stay positive since February, Q1 earning is soon released, plus the impressive volume yesterday and today. I think $22.5 will be a good support for the next rally. If we are luck, we should see new high in a few weeks and 40 by March. Any objection or comment?

OT: For those who missed ACEC a while back, this is good chance to get in (not as good as THQI though). I for one has doubled my position yesterday, a bit early but I strongly believe we will see $8 again soon.

PS: My Feb 25 calls lost more than half of its value but my Mar 30 calls is doing very good to make up the lost. Too bad my broker doesn't let me write put. :o(

aC




To: Todd D. Wiener who wrote (9622)2/4/1999 8:47:00 PM
From: Albert Martin  Read Replies (1) | Respond to of 14266
 
Todd, I have been watching THQI for awhile and highly respect your opinion. Do you think this would be a good entry point at this level or do you think we might retest the $20 area again?

Just curious as to what you think. Thanks for taking the time to answer!
Albert