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Technology Stocks : Egghead Computer (EGGS)

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To: trouthead who wrote (3933)11/27/1998 2:06:00 PM
From: Paul A   of 8307
 
they did have a bid out that high in pre market activity.. of course it never made it there, but it shows the general feeling.

longs have such momentum behind them right now.. and a gap down will only cut fractionally into their profits from the last 2 weeks, so we will continue to trade/position at such a premium.. whats the risk? far greater on the short side.. I see no reason to believe there will be a slowdown starting first thing Monday morning. We closed right near the top on huge volume today which is incredible..

Incredible these internets actually are building huge bases at ridiculous prices. Why fight it?
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