Egghead Computer (EGGS) Message Board

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Technology Stocks : Egghead Computer (EGGS)

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To: Steven Messina,L.M.T. who wrote (4146)	11/30/1998 10:03:00 AM
From: Kip518	Read Replies (1) of 8307

Steve Harmon's comment today As far as the recent run in Internet stocks goes, for the past 4 1/2 years I've believed the Internet changes everything. Does that mean a stock such as CDnow (NASDAQ:CDNW) or Egghead (NASDAQ:EGGS) should double in one day? Probably not. But if those stocks have been ignored for 60, 90 or 120 days then a one or two-day burst may make sense as these stocks catch up to the sector valuations. That said, speculating on these stocks may turn ugly if stock buyers simply follow the herd no matter where that ends up. The metrics that matter: management team, traffic, users, sales growth quarter on quarter and year on year, gross margins, employee count, alliances, partners, competitive landscape.

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