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Technology Stocks : Egghead Computer (EGGS)

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To: bc_mack who wrote (7751)5/28/1999 8:52:00 AM
From: Anaxagoras  Read Replies (1) of 8307
 
You could toss COOL in there as well for your 'puter e-tail graph; nice post to have bookmarked when you want to see the comparison. The sector correction in the nutz is even worse in this subsector of 'puter e-tail. The consolation is that if any of these guys survive this rotten business for the long run, I think the odds favor EGGS; it's not a great company, it's an OK one. Short term it can still get uglier. We're still at a rather hefty $300M market cap. That can get chopped in half, IMO. Saw a lot of size appear on the ask when this broke $10. There just isn't much news to move these right now, and EGGS with its longer term focus isn't the best at playing the newsey game; it's quite a while till quarterly reports role in.

Anaxagoras
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