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


To: vampire who wrote (10011)2/26/1999 11:18:00 PM
From: Todd D. Wiener  Read Replies (1) | Respond to of 14266
 
Dracula-

Yes, I always wonder if I'm missing something. After all, the whole world can't be wrong, can it? Well, in this case, I think it is.

It's no secret that small caps have been sorely undervalued for some time. We know that institutional "investors" won't buy THQI and smaller stocks because of the lack of liquidity. If they do their homework, though, and are true investors, they don't need to be trading the stock, and then liquidity isn't a bid concern. So institutional traders are more interested in "investing" in overpriced crash candidates like DELL, CSCO, MSFT, LU, AOL, etc. And most main street "investors" who are green to the stock market are pumping up Internut stocks and anything that could double their money in a week.

So you have big money traders and little money gamblers. The investors are those who buy stock in companies like THQI. Unfortunately, most players in the stock market today are not investors. Stocks have become commodities, driven more by supply and demand than by economic value. Perhaps this trend will reverse at some point. But until it does, it explains quite well why THQ stays this undervalued.

After all, the THQ analysts, who have historically been fairly shortsighted, have been pounding the table (supposedly) on the stock. It's just that no one is listening, and no one cares.

That's the reason, unless you can suggest something that I'm missing.

Todd