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Technology Stocks : Egghead Computer (EGGS)

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To: Bo Didley who wrote (2783)10/8/1998 3:29:00 AM
From: Darrin Vernier  Read Replies (1) of 8307
 
Bo,

Suit yourself. I've been mostly short but occasionally long intraday all the way down from the 20+ area, and done well in this issue. I closed my last successful short yesterday. I overslept today, and immediately shorted again before quite waking up. This short is slightly behind the eightball. No worries. If I get stopped out, I get stopped out. My take is that within four weeks this stock will have dropped to the 4 dollar tier. 52 week lows mean nothing to me when the indexes have already dipped into negative territory for the year. Is EGGS better than the index stocks? I don't think so. Take a look at CIEN and BOST. Good trades to you.
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