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Technology Stocks : Egghead Computer (EGGS)
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To: Elllk who wrote (4509)12/12/1998 3:43:00 PM
From: Norman Klein  Read Replies (1) of 8307
 
Kip, I am primarily in agreement with you.

But I think that you are wrong about the House Impeachment hearings. The market greeted them with a big "yawn", which I think will continue on Monday. They understand that the House Impeachment hearings are simply grandstanding, and are meaningless. The Repubs know that they have no hope of securing the necessary 67% majority in the Senate, so they are just throwing a loud party at the House in a futile attempt to milk the hearings and appease the Radical Right.

I think that everyone sees through this charade and that Monday's market performance will be similiar to Friday's.

Still I hope that you are right about EGGS, because right now the market is playing me, instead of me playing the market.
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