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Technology Stocks : Egghead Computer (EGGS)

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To: NW_Trader who wrote (4464)12/10/1998 12:48:00 PM
From: Anaxagoras  Read Replies (1) of 8307
 
Thanks for the detailed thoughts, Patrick.

I like the one about not following the boards too closely- I really ought to take that one seriously!

I'm seeing a lot of red for the internet retailers and DOT, except for EBAY which is, as usual, inexplicably up a half dozen points.

Thanks for the boxing strategy, but I very rarely do that since it just chews up too much margin/buying power.

Yeah, I did get a short in at $19 3/8, and I'm looking for it to hit $17 -ish for a while and then down to $15-ish. I doubt I'll hang on past that point unless it really acts poorly and tanks.
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