Egghead Computer (EGGS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Egghead Computer (EGGS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James Strauss who wrote (361)	3/11/1998 12:11:00 PM
From: Oeconomicus	Read Replies (1) of 8307

The fact is that EGGS has made a Strategic decision that Wall Street likes... Jim, that may be correct. However, in a normal market environment, the street would wait to see some evidence that they are making the shift successfully rather than jumping on just based on the announcement. Even well run Internet companies, without the negative track record that Egghead has, used to languish at undervalued levels for a while until the street was convinced the model made sense and management could execute it. Look at MindSpring and Earthlink only 7-9 months ago. This isn't true any more. Now, just slapping "dot com" on your name makes your stock double, even for companies with bad track records. This is not rational and makes betting on these stocks a longshot at best. The dog may have a flea collar now, but it shouldn't be let in the house until the fleas have died or jumped off. Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next