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

To: taxikid who wrote (287)	3/9/1998 12:31:00 AM
From: Tae Spam Kim	Read Replies (3) \| Respond to of 8307

People still don't get the power and potential of the web. Let me repeat, Egghead.com has the name brand that other computer resellers on the internet do NOT have. And as the average consumer gets on the web and shops, Egghead could be the destination of choice. In the next year, a couple of firms are going to break out of the pack for software and hardware, like amazon.com and CdNow have done for books and Cds. The average consumer knows the Egghead name, and they if they can execute the model, Egghead will be huge. Also right now the market value of Egghead is about $250 million. Let's also remember Egghead owns Surplus Direct which is an online auction/reseller site. Onsale which is the leader in that area is already trading at a market value of $500 million. People still don't get that internet valuations because of the tremendous potential of growth are different than traditional DCF and p/e multiple valuation methods. You can use those methods on net companies. IF Egghead.com executes and becomes the best at what they do, this is at least a FIVE-bagger in two years. Of course, that is a big IF, and this IS a speculative play, but they have a good shot. Tae Kim