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


To: Jeff Bond who wrote (9970)2/26/1999 11:00:00 AM
From: AreWeThereYet  Respond to of 14266
 
Jeff, you wrote my mind. There are too many charters out there who blindly use common computer generated TA indicators. A true TAer are those like Mr. Norris who spend time and drawing lines, scratching the head and studying the appropriate indictors for specify stock (with optional coffee and cake). His long term support line is very reliable in the past. 200 DMA was used to be another reliable long-term support line but it is no longer valid since last October.

Trippi, I wish THQI can enjoy 1/3 of DELL or 1/2 ERTS valuation.

There is one thing I really want to say but forget to say in past few days. If THQ really signed the ECW deal after it lost WCW to ERTS. This really show the ability of Brian Farrel as a capable and dynamic CEO. He managed to find replacement of WCW in a short time at a good deal while continue to search for the better (WWF) for the company and shareholders. This is something Midway and Accliam missing -- a good leader who able to utilize limited resource to maximize profit and react to any event responsively in a professional way.

aC



To: Jeff Bond who wrote (9970)2/27/1999 1:03:00 PM
From: dave brown  Respond to of 14266
 
Okay, the flames are well deserved and my apologies to Mr. Norris for firing off comments in the heat of passion.

However, if the point is that based on historical precedent THQ is trading at fair value over the long term, then I must respectively disagree with the the findings.

Bottom line, anything less than 30 is fair value relative to competitors and the rest of the market. Below 20 is a downright insult.

Remember, in addition to wanting a higher stock price to offset cost basis for me and everyone else here, the stock is currency for our company. And our currency is suffering serious devaluation for no obvious reason.

BTW I am long, inspite of a few stop loss executions eating away at my core position, and have been long since it traded as TOYH.

Again, I regret my earlier comments to Mr. Norris and hope he will accept my apologies.

Dave