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Technology Stocks : Egghead Computer (EGGS)

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To: taxikid who wrote (1247)7/14/1998 9:56:00 AM
From: Richie  Read Replies (1) of 8307
 
Well........as someone else once said...
"variety is the spice of life"
and "timing is everything"
and right now, its not the time to short, IMO.

Good money can be made on both sides of the fecne....
long and short.....although i do agree, at ridiculiously high prices, it is a good short candidate.
I believe the price target of $85 was established based on a
market cap of 2B.....which would put this in line with other stocks of this sort.......IMO....it will never get there,
I'm going to go with Jane on this one $40 as an exit point.

RichieH
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