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Technology Stocks : Egghead Computer (EGGS)
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To: Mark Duper who wrote (5941)1/18/1999 8:20:00 PM
From: James H. Irwin  Read Replies (3) of 8307
 
Picked the following up on www.ragingbull.com:

Talked to investor relations, here is their reply.

Subj: Re: Egghead stock
Date: 1/17/99 1:33:49 PM Pacific Standard Time
From: cadmin@egghead.com
To: DEsbcoach@aol.com

We are working with analysts that will soon cover Egghead.com stock.

Thank you,
Investor Relations

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I would suspect once we get some salespeople from the institutional research houses out there making calls, the disparate valuations afforded EGGS versus others in the e-tailing group...based primarily on the current multiple of revenues...will create enough demand by Portfolio Managers who want more exposure to net stocks without paying nosebleed levels. Remember that with no one really out there talking the stock up to PM's who...now that AOL is in the S&P500...are owning up to the fact that the net is here and its real, must now go about allocating their capital...and they in a fiduciary capacity try to do so on a risk reward basis<b\>

Remember there are two types of risk...price and information....

tout le monde...bonne chance

P.S. Futures up nicely and overseas markets all up nicely.

P.P.S. Still trying to figure out how to shut off the Bold font...to anyone who wants to take the time...please reply privately....
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