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Technology Stocks : Egghead Computer (EGGS)
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To: Kip518 who wrote (7389)3/23/1999 8:31:00 PM
From: stratolink   of 8307
 
EGGS Buy Rating Has Real Meaning, IMO. Note that when BankBostons buy rating came out last Wednesday, it stated that EGGS will was a compelling buy at 15 and 3/4. Now, Prudential on Tues morning rated EGGS a strong buy when it had closed at 18.25 on Monday. So it would have to mean in their opinion that EGGS has a strong possibility of staying well above 18.25, that the price range would be well into the twenties. The next few days are critical. There will be a slight drop, but EGGS has to get to a point of stabilizing around 19-20-21 for a while, with occasional darts upward to 22-26.. A drop to the 15-1 level or worse would be disappointing after everything in the past two weeks. Last thursday nite, someone on this thread predicted EGGS would be like WALMART-inspirational.
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