Egghead Computer (EGGS) Message Board

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Technology Stocks : Egghead Computer (EGGS)

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To: Kip518 who wrote (2814)	10/12/1998 2:35:00 PM
From: Street Walker	Read Replies (2) of 8307

perceptions on EGGS depends on price one bought in. Bo Didley seemed did a good thing and averaged down last week. I decided to go long the stock as well for the earnings anticipation. On the really bad day, EGGS built support at $4 1/2 The next day it built support at $5. Now it is building support at $5 1/2 Looks like its building 1/2 point a day. Earnings coming out around Oct 26. The closer we get to that date, the higher EGGS will trade in anticipation. There is also plenty of time for EGGS to make an announcement to cause it to trade higher even before the earnings. Regards, S.W.

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