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Technology Stocks : Egghead Computer (EGGS)

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To: Bill Rood who wrote (765)7/9/1998 2:23:00 PM
From: Aladdin  Read Replies (2) of 8307
 
$85 DOLLAR PRICE TARGET ON EGGS.

This reminds me of K-Tel a few months back when a company issued a $75 price target and the stock went through the stratosphere. This news may be ignored by most, but it is very promising.

The full article makes several good points: It's last quarter earnings is similar to Amazon's year-ago earnings and more importantly, EGGS is totally ignored by Wall Street. Wall Street loves to say, "I told you so" and there's always the rush to recommend early. Possibly in the weeks leading up to EGGS's July 28 earnings report date, we'll see coverage initiated.

Your thoughts would be much appreciated.
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