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Technology Stocks : Egghead Computer (EGGS)
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To: Dorine Essey who wrote (7142)3/15/1999 7:40:00 PM
From: stratolink  Read Replies (2) of 8307
 
The EGGS appearance in MSFT shopping was announced on February 16th, caused a jump from 17 to 19.75. But your news about the Hambrecht & Quist buy rating is great. The question I have is whether this is just routine, that the underwriter for the SPO always gives a buy rating, or it really has a meaning and the market will jump. CYCH jumped 2+ today because of a buy reiteration. On the other hand, CYSP, which jumped 6+ on Friday, dropped 3.5 today even after a buy rating this morning. See my other responses for more.
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