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Technology Stocks : Egghead Computer (EGGS)

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To: klinetime who wrote (7441)3/26/1999 11:50:00 AM
From: stratolink  Read Replies (1) of 8307
 
Klinetime-I once traded in COMS, and like EGGS, it is held to a higher standard. It never bounces up, even with the good earnings report it had earlier this week and mention on CNBC in the AM. It has great products (Palm Pilot and others), yet it just seems to be a disfavored stock. True, 23 is a real low support point, but with the drop from somewhere around 47 to 23 in the past two months, this is a risky one. I have been following it as well recently--23 is tempting, but I don't see increases of more than 1/2 per day--it just never gets a big bounce like 3-4-5.
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