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Technology Stocks : Egghead Computer (EGGS)

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To: Crossy who wrote (4006)11/28/1998 2:26:00 PM
From: Anaxagoras  Read Replies (5) of 8307
 
<<are You sure the CEO filed to sell - the 144K ??>>

Yes, I'm positive (provided the site is correct).

<<Pls. show me the link if You can pinpoint it , >>

It's already been posted, although I'm not surprised you missed it considering the volume of posting the past few days:

Message 6586066

<<Moreover 200K is ridicolous at current volume levels.
>>


That's not the point. There are two reasons one should be concerned about sales. The first, which is not applicable here, is an increase of supply so significant that it will hurt the stock price. For example, you gotta watch out for these when lock-up expirations for new IPOs happen. The second, which is applicable here, is that the CEO knows when it's a good time to cash in; that's why it was considered "news worthy" and reported several places.

Anaxagoras
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