SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Egghead Computer (EGGS)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Raven McCloud who wrote (7133)3/15/1999 7:51:00 AM
From: Kip518  Read Replies (1) of 8307
 
Raven, thanks for your thoughts. The dilution is certainly a potential drag on the stock but I'm not sure we'll see that effect immediately. I still think we'll see the SPO price as support for a time (although, of course, it doesn't show on the chart). While EGGS moved only hesitantly on Friday, there was little sign of SPO flipping. I'm going to give it a little more time on the long side before I reverse.

(BTW, supporting your position, March options expiry suggests EGGS will close at 15 or lower on Friday for max pain cboe.pcquote.com

Good luck.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext