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


To: JWASS who wrote (465)3/19/1998 8:39:00 AM
From: Phil Jacobson  Read Replies (1) | Respond to of 8307
 
Do you really think three guys on a thread here have can have an impact on a stock with volume of over a million a day? I happen to find the debate interesting. There's a lot going on here - possible turnaround story by a company that hasn't done squat for years (and all they've done so far really is shut down most of the company) combined with overtones of whether internet stocks are going to soar or crash. This stock is going to halve or double in the next few months, take your pick 'cause from my view it could go either way. From a few weeks of lurking I've seen that taxi had to cover his shorts, meanwhile I lightened up my long position by 2/3 after going in at 11 1/2 and getting very concerned with the wavering between 10 and 11. I know a lot of people were lucky to get in at 7 but for those of us staking out our position now this is a very confusing time for this stock.

Besides, these guys are going to state their case whether you like it or not since you can't take away their PC.

Phil