Egghead Computer (EGGS) Message Board

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Technology Stocks : Egghead Computer (EGGS)

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To: Raven McCloud who wrote (7032)	3/8/1999 9:47:00 PM
From: Smart Investor	Read Replies (1) of 8307

Come on, take it easy. I bought at 16, and averaged down today at 12 1/2. I am about even right now, and want to sell on this spike to stop the bleeding on my account. I just want to get a feeling if this is just a dead cat bounce or not. If it looks like one, then I definitely should sell on this opportunity. If it is not a dead cat bounce, then I may want to hold. PC sector looks bad, and I do not see how EGGS can have a good quarter. The only reason I bought today at 12 1/2 is to average down so I can exit on any small bounce and cut my losses. I bet many CPU holders (including myself) are regreting not selling on the bounce to 14 a couple of weeks ago.

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