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Technology Stocks : Egghead Computer (EGGS)
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To: put2rich who wrote (1486)7/15/1998 2:11:00 PM
From: BILL L  Read Replies (1) of 8307
 
thanh dao..u won't lose if u short the fast flyer stock if they are not backed up by big houses and analysts (not that Riley guy. people are losing their money cauzed of hyper.) think about this,,to push EGGS to 85 dollars with 10M shares..where do they get the money to do so given many analysts are still waiting on the sideline..typical hypes. novices have to learn not to be too greedy.

short above 25 is ideal, short at this level is safe..short under 18,kind of risk..but when the enthusism goes away like KLB or KTEL..this baby will come down to the reality. EGGS needs time to be big and profitable..certainly..no at this stage. it has potential, but not reality. When Steve Harmon said that in the net..u can imagine how many people believe him, even many analysts like Keith Bejamin and others i readover the weekend said they would lock in the profit at 22. u can get a picture what the rest of guys thinking about EGGS at this point...people can be hurt either by hyper or fear.

regards
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