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


To: purecntry5 who wrote (348)3/11/1998 11:08:00 AM
From: Tae Spam Kim  Read Replies (1) | Respond to of 8307
 
People and news organizations are starting to realize the enournous disparity in valuations between Egghead.com and the other web site stocks.

Egghead also own SurplusDirect and another auction site which competes with Onsale.com.

Onsale by itself is worth double Egghead.com with less revenue.

Egghead in January was doing $2 million a week, X 52 is $110 million a year.
But as the new deals with Yahoo and CNET + word of mouth, that number will probably grow. So we are looking north of $150 million with a little bit of growth.

That bodes well for the stock, AT least a short term double into the $20s.

Tae Kim