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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Jeff Jordan who wrote (1926)1/29/1998 10:07:00 PM
From: Druss  Read Replies (1) of 18691
 
To All: EGGS was featured in an article in the business section of the LA Times today. The article was largely positive about their move to internet marketing and alluded to other internet marketing companies high share prices implying EGGS might join them. My observation of articles like this in the Times is they usually move a stock around 10 to 15%. Normally a few days later the price returns to normal. I suspect much of the upward move today in EGGS came from this.
All the Best
Druss
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