Egghead Computer (EGGS) Message Board

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Technology Stocks : Egghead Computer (EGGS)

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To: Street Walker who wrote (2824)	10/15/1998 5:08:00 PM
From: Bo Didley	Read Replies (1) of 8307

Very good information to know Street Walker. thanks for bringing it over here from the yahoo msg board. I'll read it a few more times. Sure brings hope. There are only two more trading days before earnings are released. We have formed quite strong support in the low $5 range. iqc.com I bet there are many internet writers (Steve Harmon) who are preparing articles when earnigns are released. I'm glad I am an investor. Yes, my average is around $5 3/8 and am happy. The upside for longs is much more promising than the downside for the shorts. One mention by an internet writer can send this stock soaring. These reports will most likely appear after the stellar earnings are released (I'm still expecting a loss but much improved from previous quarters.) There should be some expense since adding the Oracle servers to keep up with customer demand. Growing pains that are good for a company. (Help we can't keep up with customer demand!) I also saw how the earnings were improving tremendously over the last few quarters. That is one of the reasons why I was looking to enter this stock near their next reporting. My exit time will most likely be a few days after the earnings are reported. This will give sufficient time for some on-line coverage and maybe a brokerage firm initiating coverage (after they load up). The lucky ones are those who have used their money the last few weeks to buy and sell other stocks that have been more volatile. But with only two more days left, we should start to see the volume picking up. I do not believe there will be a huge short squeeze. Shorts are smart and would have covered by now. Most are probably going to go long. Then again, there are some real stupid shorters I've met. EGGS is lagging the moves in other e-commerce and internet stocks. It could be explosive next weak. My money is on this belief. The price/book value of EGGS is also extremely low for a stock with a huge on-line presence and future. After watching the stock for a long time, it seems that the end of the day is the best time to buy. This may change since earnings are soon out. It may start to close on the high end for once. bo

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