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Technology Stocks : Egghead Computer (EGGS)
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To: mph who wrote (6137)1/26/1999 11:13:00 AM
From: SeanS  Read Replies (1) of 8307
 
Based on my personal experience with the Egghead website, I estimate
that EGGS can easily blowout the revenue numbers this quarter
as many are predicting. I am an egghead myself and have easily spent
over $10,000 with them over the last several months. Have any of you
really paid attention to the daily auctions? Sometimes there are
a couple of hundred items up for auction the same day and between 1
and a thousand of each item. These items usually have a price range
of $5.00 to about $1,000. Orban does not seem to have any shortage
of refurbished items and last years models such as ONSL is experiencing.

EGGS can push out as much merchandise as it wants through their auction site. I have no way of knowing whether they are doing this
profitably or not. But, when it comes to pure revenue, Orban can
almost set his own figure. Isn't revenue growth what investors are
concentrating on with these E-commerce companies at this time? If so,
expect great things for EGGS shares.
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