Egghead Computer (EGGS) Message Board

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Technology Stocks : Egghead Computer (EGGS)

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To: Anaxagoras who wrote (5868)	1/15/1999 11:10:00 AM
From: Scott Williams98	Read Replies (2) of 8307

EGGS volume is very quiet this morning. One thing to note is when EGGS begins to show any strength and begins to bounce off the $24 area, there are immediately waves (15-20 trades) of "upticks" (3,500-4,900 shares each trade). I believe these "uptick" shows are short sales. Pretty amazing. It certainly keeps the stock from going up. However, if we see any real strength in the BUYING of EGGS, these short shares could propel the shares higher, sharper. Best of luck SCOTT PS. As per Investor Relations, earnings are due out "Week of Jan. 25th, after the close".

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