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Technology Stocks : Egghead Computer (EGGS)

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To: bc_mack who wrote (7736)5/24/1999 12:03:00 PM
From: Kip518  Read Replies (1) of 8307
 
At least EGGS doesn't have so far to fall

So much for $12. BC, I'm less confident than you BC that EGGS will not selloff substantially more. May is nuclear winter for nutz & June is not likely to be much better.

I said some time ago (when EGGS was in 20s) that EGGS appeared to be retracing its fall-off pattern of the first spike in the second. That suggest EGGS will be retesting old lows some time this summer. (Some laughed at that prediction and I got a couple of PMs that were real nasty). I don't see anything yet that contradicts that view.

(NOTE -- for diehard Eggheads, nothing is said here that against EGGS the company, only EGGS the stock).
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