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Technology Stocks : Egghead Computer (EGGS)

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To: Anaxagoras who wrote (6034)1/20/1999 9:34:00 PM
From: bullw  Read Replies (2) of 8307
 
Anaxagoras,

You are right, onsl caught everyone off guard. Onsl off 8% today on top of yesterday's loss. Amzn off 19% with downgrades. Cdnw down 12% with downgrades. Seems that analysts following these e-commerce stocks are giving the fourth quarter good revenues, but looking to the next couple are predicting slower growth rates. Are you picking up on this? Hate to say this, but it could spell trouble for eggs even with good revenue growth.

I'm going to stick with my position as an investor in the long term development of the business model no matter what happens in the next couple of quarters. Just had a friend who was working with a discount broker for the past 15 years, took 95% company stock for retirement over those years. She now has enough to call it quits and retire at 38. Proud of her.

Think eggs could do the same for some of us, but much quicker. What are your thoughts?

Bull
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