Egghead Computer (EGGS) Message Board

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Technology Stocks : Egghead Computer (EGGS)

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To: HairBall who wrote (2060)	7/23/1998 9:52:00 PM
From: UFGator93	Read Replies (1) of 8307

LG, Interesting point you've made about EGGS moving sideways until earnings. I'm really surprised that it was able to hold up so well today despite the bloodbath everywhere else. Seems like a stock that rose so high without earnings to back it up would be ripe for a fall but I guess that's the state of the internet speculations for now. I'm curious about the earnings numbers because I haven't seen a single estimate as of yet for this quarter. Lately, it seems everyone talks about earnings relative to the estimate instead of from an absolute standpoint. If a company has terrible earnings but beats the street, it often goes up (thank goodness AMZN was an exception today). So, for the people that don't do their own due diligence at earnings time, what are they going to use to interpret EGGS earnings? I suppose growth relative to last quarter and last year. I'm hoping that the earlier warning given urging caution over comparing the success of two of their sites to the success of the third means that earnings and growth won't be quite as high as everyone is expecting. Still short EGGS and will be until earnings. Damon

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