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Technology Stocks : Egghead Computer (EGGS)

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To: taxikid who wrote (334)3/10/1998 10:12:00 PM
From: Philip Tung  Read Replies (3) of 8307
 
This stock is just beginning to build its momentum

Turnaround story is just starting to make the rounds, increased media coverage, momentum players are all over it. MM's should have enough stock now to let it run. Money flowing into secondary internet stocks. Investors are looking to literally throw money into so called "undervalued net stocks".

EGGS is prime candidate. In my opinion, if current market condition holds, look for further increase in price and volume tomorrow and if CNBC gets a hold of the stock (I think they will, this valuation comparison to Amazon is just too compelling a story) there will be a new meaning to sunny side up!

Good luck to all you shorts!

pt
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