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Technology Stocks : Egghead Computer (EGGS) -- Ignore unavailable to you. Want to Upgrade?

To: MarkM who wrote (7804)	6/16/1999 8:15:00 AM
From: polarisnh	Respond to of 8307

MarkM, No, the Internet Bubble hasn't burst. What we are watching right now is the top-notch Inet stocks getting some of their ridiculous valuations removed from them. In the process, the second and third tier Internet stocks are also suffering. I expect more of the same until Greenspan and his fed cronies get off their hands on the 29th or 30th of this month. The market has already discounted a 1/4 rate increase but there is still some uncertainty. After this happens, we will be entering mid-summer and I expect the retail Internet stocks that had a proven track record to begin their climb into the holiday season. Along the way, Egghead should release their latest quarters results and if they continue to show improvement they will start to see some recognition. In the meantime I think that we are stuck will a single digit under-performer for most of the summer. Believe me, I have 4000 reasons to want this stock to take off! Cheers, Steve