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Technology Stocks : Egghead Computer (EGGS)

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To: Darrin Vernier who wrote (2782)10/6/1998 5:45:00 PM
From: Bo Didley  Read Replies (4) of 8307
 
My technical analyst has confirmed EGGS a buy
anywhere in the low $6 area.

52 week low is only $5 1/2 and that was before everyone
started treating it like an internet stock.

Earnings coming out in three weeks. No doubt, investors
will be buying in hopes of improved numbers. Daytraders will be
buying to make small profits off the hopes of investors who will be
buying for the short term (3 weeks). Shorts would be smart to cover asap. If you are thinking of shorting now, you're really late to the party it has been since falling from the high 20's. Now is the time to be covering.

I really have to laugh at the nonsense over on the yahoo msg
board. They are so short on this puppy, its going to be fun
when they are forced to cover. Could be explosive.

bo
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