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Technology Stocks : Egghead Computer (EGGS)

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To: Anaxagoras who wrote (5875)1/15/1999 11:48:00 AM
From: Scott Williams98   of 8307
 
I agree. Also, IMO, we are seeing a shakeout by the MM's. They are dropping the bid on very small trades (500-1000 shares), followed by 5,000 share "ask" prints. I think this has something to do with the options expiring, or the delay in earnings. Definately not big block sells this morning. May even add at $23.50.

I wouldn't be surprised to see some strength in EGGS in the last hour of trading.

If EGGS plans on releasing the #'s on the 25th, we may see a run up next week. If it's the 29th, probably the week of (although I never liked numbers released on a Friday)

Best of luck SCOTT
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