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

To: Kory who wrote (10024)	2/26/1999 8:13:00 PM
From: AreWeThereYet	Respond to of 14266

Looks like every member of Club 7000 bought some today, am I right? I vote against buy back at this moment, I don't like company announce buy-back when the stock price is going down on its own, although it is much better than buy back when the fundamental is degrading. I would rather see the announcement of buyback after we hit the bottom, this can strengthen the reversal. THQ is financially capable to buy back 2 to 5% without affect the bottomline. I still think it is better to use the money on expanding its developing team so it will have a smoother transition to 128bit platform. aC