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Technology Stocks : Egghead Computer (EGGS)

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To: Kip518 who wrote (2403)8/5/1998 9:26:00 AM
From: Rommy B.  Read Replies (1) of 8307
 
Good morning to all of you,
The only problem with analysts' comments is that they are usually retrospective, after-the-fact telling. And it also depends who you ask. For example...

freerealtime.com:8000/news?symbol=eggs&art=216p0763

TECHWAVE AND SOFTDISK JOIN PROMARK'S DISTRIBUTION
TEAM

REDMOND, Wash., Aug. 4 /PRNewswire/ -- TechWave will place Promark's 15 edutainment products in 450 virtual stores.

Promark Software Inc. (OTC Bulletin Board: PRMKF and Vancouver: PRW) (http://www.prmkf.com ) announces that it has signed distribution agreements with TechWave and SoftDisk. TechWave is the country's largest distributor of computer software on the Internet and has joined Promark's rapidly growing distribution network.

Just recently, Egghead Software (Nasdaq: EGGS), based in Spokane WA, made a decision to move its entire business to the Web, Egghead.com, Inc. and also reached an agreement with Oracle Corp. (Nasdaq: ORCL) enabling it to base its Internet-based business on the Oracle(R) platform. Egghead.com is rated one of the top ten commerce
Web sites, as measured by Media Metrix. Egghead.com, the first major retail chain to make a complete and highly successful transition from physical retail stores to cyberspace, has set the standard for emerging software companies to follow this business model with some degree of effectiveness.

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I believe that if we can open up today (which we might be able to do) and close above 13, then things are looking quite good for a little positive turn-around. Let's hope...
-Rommy
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