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


To: TLindt who wrote (419)3/16/1998 10:10:00 AM
From: Gloria G  Read Replies (3) | Respond to of 8307
 
The best analysis I've seen is to be found on thestreet.com, by Herb Greenberg on 3-10-98.
He says the stock is greatly undervalued compared to other internet commerce stocks. Shares sell for only 2 times book value, while Onsale sells for 30 times book value of $1, and Amazon sells for 53 times book value.
The company recently doubled its weekly sales intake to $2million.
The company went to NY and Boston last week to meet with analysts in order to generate some coverage.
Their only problem is the fact that they have a history as a retail company that didn't make it, as opposed to companies with no history.
I hope this helps.