Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Lee Walsh who wrote (7687)	1/31/1999 12:43:00 AM
From: Ralph Cosenza	Read Replies (1) of 122087

EGGS was sitting at 10 when the press release came out.....I know because I bought as soon as the release came out and I was in at 10. The stock went to 30 before coming back down to $6 then ran up to $40 and now is in the teens again. My point is simple: The stock ran the first time because of the INET craze and a lot of companies were not release information about web sites. Now 100 press releases a day come out announcing web sites. This is just another in the mix. The stock is up 1000% over the last 40 tradin sessions and up 10x since the press release....it seems to me by doing the math and comparing the floats and stock percentage rise...this stock has hit its peak. All I ask it for people not to look at the dollar but the percentage.

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