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Technology Stocks : Egghead Computer (EGGS)

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To: Geigartt who wrote (7407)3/24/1999 12:48:00 PM
From: Anaxagoras  Read Replies (1) of 8307
 
<<Whatsup in the Fall?>>

Just the retail season hype. It's a sector thing- check the charts and you'll see that these stocks went ballistic in November on the expectation of blowout holiday sales, coupled with the expected paradigm shift in the way gifts are purchased. This will happen again, IMO, regardless of whether we have an Internut melt down in the intervening months- I would still expect an e-tail recovery in the Fall.

Anaxagoras
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