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

To: Gloria G who wrote (425)	3/16/1998 10:50:00 AM
From: NYBellBoy	Respond to of 8307

What happens when the music stops? forbes.com BellBoy

To: Gloria G who wrote (425)	3/16/1998 10:50:00 AM
From: Oeconomicus	Respond to of 8307

Gloria, by the time EGGS takes the charges it has already announced and endures several quarters of losses (as they also said), it won't even be close to 2 times book. Besides, since when does book value matter to "growth stock investors"? On another note, if the $2mm figure is total weekly revenues (excluding store liquidations I guess?), they have not doubled. When they announced the strategy shift, they said Internet sales were running $1mm per week. They did not say total revenues from continuing operations were $1mm/wk. (Surplus direct and Egghead both do catalog sales as well.) The $1mm figure only appears to have represented orders place over the internet. It's fine to be bullish if you believe the story, but let's be careful with the figures and talk of "doubling". Bob PS: Why do you care how taxi spends his time?

To: Gloria G who wrote (425)	3/16/1998 11:10:00 AM
From: taxikid	Read Replies (1) \| Respond to of 8307

book is based on assets, and eggs has had to sell its "plant" and other depreciables that while generating cash at fire sale rates, will not offset their costs of unloading employees,inventory,leases, etc, i am sure that the companies that did biz w/eggs thru a co-op ad program will be supremely po'd, enough that they may not give eggs their new product line. but herb greenberg is the quintessential man to discuss long stocks with. umm, btw do you think that amzn is "fairly" priced? or are you hoping that your investment here is in a turnaround company?