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Technology Stocks : Egghead Computer (EGGS)

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To: Kip518 who wrote (7734)5/24/1999 11:43:00 AM
From: bc_mack  Read Replies (2) of 8307
 
Ugh, general rout of the NUTZ going on.

At least EGGS doesn't have so far to fall (compare, e.g., VUSA). As we've agreed before, EGGS will participate in any market sell-off. Unfortunately, it so far hasn't shown good legs in the run-ups. I believe in the company long-term, but I now believe it will require continued improvement in operating margins reported quarterly. I'm curious about the staying power of some of the newer, less-well-funded e-commerce companies. Does anyone have any predictions of toppling weak companies? EGGS has enough cash to fight the battle for a while.

p.s., compare the relative strengths of CompUSA lately. I bought some of that at 5 11/16 a few weeks ago, and it has helped buffer my declining EGGS market value.
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