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Technology Stocks : Egghead Computer (EGGS)

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To: Annette who wrote (6337)1/27/1999 1:04:00 PM
From: Sharon Button  Read Replies (2) of 8307
 
Anax. Saw the CNBC interview. As we were warned, he is a pretty boring guy. Anyone waiting for his interview to help pump up the stock should probably sell.

No new info was given. He didn't do a very good job explaining how his company is currently misunderstood. He tried to explain that this is a new company and many are comparing revs to when it was also bricks and mortar which he thinks is a mistake. Which is true, he just wasn't smooth in his delivery.

He didn't take advantage of the fact that Egghead is already a brand name. Which, I think, puts it way ahead of the competition. IMHO, it's brand name is close to that of Ebay and Amzn without the aforementioned revs. If EGGS is successful, I would expect a year down the road to see similair revs to this years Ebay and Amzn. Of course, everyone was expecting/hoping for that yesterday.

He mentioned the internet revs increase vs the internet last quarter (i think). Didn't prep any numbers to show why his company is undervalued compared to everyone else.

Just a few observations.

Sharon
Long EGGS: 12-18 mths
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