Egghead Computer (EGGS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Egghead Computer (EGGS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wayners who wrote (4577)	12/17/1998 11:51:00 AM
From: James H. Irwin	Read Replies (1) of 8307

That may be the reason why EGGS seems to be pegged to the $20 figure. If a large institution has sold a large option position (or the option MM's on the floor) then it behooves them to make sure it closes as close to 20 as possible. (IMHO: I wouldn't be surprised to then see the stock ramp in line with the rest of the net stocks...then again I am a bit biased by my long position...but all the data I read about indicates that the web is a tsunami and will take down all historical watersheds as regards to valuation.)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next