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


To: Trippi who wrote (9627)2/5/1999 12:18:00 AM
From: Kelvin Taylor  Read Replies (2) | Respond to of 14266
 
Trippi,

Thanks for the response but am I missing something or what? I checked the price of THQI from Jan. 1 to March 31 in both 1997 and 1998. (All prices not adjusted for the split)

1/2/97 THQI closed at 9 1/4. The closing price on March 31 was 6 1/8, a decline of 35%.

chart.yahoo.com

On 1/2/98 the closing price was 22 1/2. On 3/31/98 the stock price closed @ 22 5/8. The highest intraday price during that period was 32 3/4(45% gain). The highest closing price was 32.4375. Thus the stock retreated right back to the early year price. Where is this 75% gain coming from?

chart.yahoo.com

THQI has made a terrific run since hitting the lows back last fall. I'm just wondering about the near term resistance in the stock when the earnings numbers get factored in.

Kelvin