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Technology Stocks : Egghead Computer (EGGS)
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To: purecntry5 who wrote (297)3/9/1998 2:49:00 PM
From: Oeconomicus  Read Replies (1) of 8307
 
I guess, then, that you have no concerns about the state of the overall market? I have argued that EGGS didn't smell as badly as many initially assumed, but they will have to raise more money. Lots more. Maybe they will get lucky and the bubble won't burst before they get off a secondary. Then again, maybe not. But even if they do, do you really think EGGS will earn an Amazon sized return for you after this speculative frenzy ends in the way such things generally do - badly for longs?
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