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Technology Stocks : Egghead Computer (EGGS)

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To: RikRichter who wrote (3613)11/19/1998 11:55:00 AM
From: Kirce Stojanovski  Read Replies (1) of 8307
 
It looks as if the internet rally might be starting to fade. I opened my short on EGGS this morning at 14. I believe that EGGS will fall to 10 maybe lower before it starts to move back up in the short term.

Stocks that are lagging in their industry when the industry is rocking are the ones to short. I believe EGGS is one of them now.

When the industry starts going down laggard stocks fall the hardest.
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