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

To: NeverRight who wrote (9711)	2/12/1999 5:02:00 PM
From: Quad Sevens	Respond to of 14266

Well, I bought a little more at 22 1/16. I told Marc I'd wait until 20, but I think it's better to average in a little here. We hit 20, I'll buy a little more. We start trading well, I buy some more. I hardly ever bottom fish anymore, but THQI is just a stock I know better than most, so I nibbled. Hard to say what the stock will do given the recent behavior. We've got a boatload (other words come to mind) of overhead resistance now. Faithful longs hope for an earnings runup. If you're a long term holder, I'm not sure why you'd care. No, I think a lot of old-time "faithfuls" are in trading mode, waiting for the "usual" runup. Too many of us waiting for it to happen. Maybe it won't happen this time. And what if it doesn't? The market loves to confound the majority ... I'm happy to hold my THQI for a while at these prices. I don't let this thing become a huge % of my equity like I did in the old days. That makes it easier to wait. One thing for sure: Everyone knows about the high % of WCW revs. Everyone knows we're going to lose those revs come July, and WWF doesn't fire up until the end of 99. That can't be a factor today. Surely that's in the stock now. Wade