Egghead Computer (EGGS) Message Board

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Technology Stocks : Egghead Computer (EGGS)

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To: fiberman who wrote (2227)	7/30/1998 4:49:00 AM
From: Philipp	Read Replies (2) of 8307

Fiberman: You need to enable Java. Also Java does not work on all system implementations (at work, they actually intentionally disabled it for everyone, in part for security reasons). I sold my puts (bought at $ 22 Friday) when EGGS fell below $ 17. I am now entirely long again. EGGS seems pretty cheap to me now relative to other internets. If it falls again significantly today (following AMZN's lead again), I will probably buy more calls. I think the upside potential is much bigger than the downside risk. EGGS will need good earnings today, though, to break the sync with AMZN (which, I believe, has an accelerating downward trend over the next few weeks). I would consider anything less than about 36 M $ in revenues as quite negative, but it is not the only figure to look at (operating loss as fraction of sales?). I just hope that they don't play those dishonest accounting games. It seems to me that the market started to punish that. Good trading to all, Phil

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