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


To: Tae Spam Kim who wrote (275)3/6/1998 6:12:00 PM
From: NYBellBoy  Respond to of 8307
 
Tae - re <All playful ribbing aside, let's get serious and talk about Egghead. Can they execute the internet model?>

Answer - No.

By the way, just for the record you didn't get my name right and if you look at my posts, I never shorted AOL and Yahoo. Just because I listed them as favorite shorts, I didn't mean to imply that I shorted them just yet. They are extremely overvalued. Even though AOL and YHOO are crap financially, I also try not to stand in front of trains.

Did you ever work in a retail store as it's being closed down and the people won't have jobs? If CompUSA is having a sales slowdown, what do you think will happen to EGGS in a recession?

:)

BellBoy




To: Tae Spam Kim who wrote (275)3/8/1998 6:08:00 AM
From: taxikid  Read Replies (1) | Respond to of 8307
 
the average non-techie does not buy from stores that go out of biz.
they buy the crap off the shelves at discounts because it is cheap.. and usually the last batch of crap is broken, defective or missing stuff, and that will push customers away...
let's talk eggs. where are they going to come up with next years advertising budget?
how are they going to compete on the software side as a reseller of programs? especially with microsoft as a competitor..??
and lets also forget that compusa is getting hurt...the stock went up in sympathy for compusa's fall... this is not indicative of much for eggs future and the stock has been pumped up real hard against a lot of shorts...
so the shorts kept it nice for now...
and i don't think that there is any reason for investors to buy into a longshot if in fact the market is going to correct... it will correct, it is a matter of time..
i dislike dell..@140 i dislike aol and amzn.. as overvalued long term longs..
i do not suggest shorting any isp's right now..
i don't suggest shorting for anyone without the means or balls to stand by their decisions..
Eggs will need more cash to become succesful. where will they get it?
paul allen lowered his stake, when he could probably have bought them out.. why do you think he did that?
taxi