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Technology Stocks : Egghead Computer (EGGS)

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To: Anaxagoras who wrote (6867)2/22/1999 10:43:00 PM
From: Alan Smithee  Read Replies (1) of 8307
 
As a former long in this stock, I thought I'd drop by and relate an experience I just had.

I was shopping for a so-called "network starter kit," which consists of two Ethernet cards, cable and a hub. The price at the EGGS site? $89 for a Linksys kit. On Friday, I stopped by the local Office Depot. The price? $69.

Not too competitive if you ask me.

I think there are many, many better opportunities out there to make money being long. As for me, next time EGGS pops its head above $20, I'll have the short sell trigger ready.
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