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

To: James Strauss who wrote (366)	3/11/1998 12:28:00 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 8307

More importantly, investors are flocking en masse to invest in an internet commerce company with name recognition... That's my point - you know - madness of crowds and all that. Egghead seems to be doing that... Besides the $2mm/week revenue figure, what evidence do you have? The strategy shift, the apparent past success of the surplus direct people, and the already depressed level of the stock were my reasons for not shorting at $6. I don't think that equates to reason for buying at $12 in the middle (at best) of a feeding frenzy. BWDIK? Bob