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Technology Stocks : Egghead Computer (EGGS)

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To: KM who wrote (6143)1/26/1999 12:38:00 PM
From: Scott Williams98  Read Replies (2) of 8307
 
We may get that break tomorrow...
I'm seeing numerous block trades of 6800 on the downtick, and some small (but consistent) shorts here and there.
The action just doesn't jive with EGGS reporting blowout numbers later today. I have a feeling the MM's are short up to their necks with EGGS and are ready to pull the plug on any hint of less than spectacular numbers.
There are no doubt those who already know what the numbers will be, and we aren't seeing any heavy buying. This is why I don't like holding on to ANY stock the day of and week after earnings...90% of the time, stock weakens short term.
Only time will tell. Good luck to all of us who are prepared to weather the storm and be patient if EGGS numbers look O.K.

Best of luck SCOTT
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