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Technology Stocks : Egghead Computer (EGGS)

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To: Bo Didley who wrote (2841)10/17/1998 11:45:00 AM
From: Kip518  Read Replies (2) of 8307
 
BD, so why are EBAY, ONSL & EGGS trading at such different price/book ratios? IMO, because EGGS doesn't have an investment banker & sell side analysts pushing the stock. Only internut speculators follow the thing and as long as it's losing money and unwilling to hire promoters, its price is not going anywhere. We're now passed the mindless internut speculation phase and are in the internut shake out phase. Will EGGS even survive? Frankly, I think that is an open question at this point. Kip

(disclosure, I am long EGGS but expect it will be a tax-loss selling candidate until the end of the year.)
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