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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Tim Luke who wrote (11118)7/8/1998 11:47:00 AM
From: Wallace Rivers  Read Replies (1) of 120523
 
Tim:
You've really made your point concerning Egghead here and on other threads. Please enlighten us why you think a stock which will continue to report losses and has appreciated 100% in about a week is the "best deal going". EGGS is not a "beaten down fundamentally sound stock", rather it is a pony which traders and MMs ride for a short time.
And I would point out that, although you may be correct in your prediction that EGGS is good for 5 points by the end of the week, it is equally likely IMHO that the bubble will burst and EGGS will be in the low teens or even, God forbid, single digits.
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