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Technology Stocks : Egghead Computer (EGGS)

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To: Kip518 who wrote (2842)10/17/1998 2:07:00 PM
From: Bo Didley  Read Replies (1) of 8307
 
>>EGGS doesn't have an investment banker & sell side analysts pushing the stock. <<

#reply-5997382

Read statement #4. This gives Orban's reasonings for the above.

If he thinks EGGS will get formal coverage in the next few weeks,
that means something is in the earnings report that will catch their
eyes: Increased on-line revenues; increased visits to web site; increased auction bidders; less losses; upgrading for the future masses of customers.

EGGS has not posted news in a long while. They are working
on business alliances with other on-line firms and when those deals
are released, it will spark the interest for more coverage by
brokerage firms.

I am sad to hear you purchased EGGS at higher prices and may have to take a tax loss on this stock. I hope you have gains in other stocks that will offset this loss. Have you considered averaging down?

I don't think new buyers of EGGS at this price will have your problem. Just my opinion----- #reply-5996234

bo
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