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Technology Stocks : Egghead Computer (EGGS)
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To: TokyoMex who wrote (6898)2/27/1999 5:24:00 PM
From: bullw  Read Replies (1) of 8307
 
TokyoMex,

Chart does look real interesting here. Slow movement down with the tech selloff. Next two to three weeks should see a lot of news about eggs being factored into the mkt. Tech conference next week, spo in a little over a week, coverage, etc. make for a near bottom unless the entire tech market suffers a collapse.

Very light vol. in my opinion tells me the selling has dried up, not that the price is being propped up for the spo. If intsitutions were doing that, they could have done it at a higher price than 16 1/8 or so.

Amzn buys out a online drug store, who would of thunk it? Anything could happen with eggs in the next few weeks.

Any opinions appreciated.

Bull
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