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Technology Stocks : Egghead Computer (EGGS)

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To: stockycd who wrote (3704)11/24/1998 11:19:00 PM
From: Estephen  Read Replies (1) of 8307
 
I think that this rally in egghead is different than the last one when it set a 52 week high. Some solid developments have come to fruition. I bought the stock today because of what i saw on the web site the other day when I had to get some software i needed. It is vastly improved with new lines of product. I didn't even know it was on the most active list when I put in a buy.

Last time the stock rallied the company still wasn't out of the woods. Now they are in a much better position from what I see (and read). The new advertising campaign will really be beneficial. As I understand they have been doing minimal advertising to date. And still revenues were up 70 some percent.

I'm holding for a while.
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