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


To: taxikid who wrote (626)5/5/1998 8:40:00 AM
From: DUKE  Read Replies (2) | Respond to of 8307
 
how can one overlook these massive numbers. stock is way undervalued or i am going to get crushed in my e plays.



To: taxikid who wrote (626)5/5/1998 11:47:00 AM
From: Timothy R. West  Read Replies (1) | Respond to of 8307
 
EGGS has 67.4 million in cash and no long term debt.
EGGS has 17.6 million shares o/s and 15.1 million floating shares.
EGGS mkt cap is 185 million.
Banks own 1% of the shares.
Funds own 11% of the shares.
If EGGS is doing 30.5 million over the internet for the 1Q, then their annualized rate is 122 million or 6.93/share in sales.
If EGGS is trading at 10.5 (+3/8 on 674k shares, above average),
the the PSR is only 1.51.
Compare EGGS to ONSL...

ONSL has 18.6 million shares with a 5.4 million float, last sale 26.25 or a mkt cap of 488 million or 2.6 times the valuation of EGGS.
Both have NO debt.
ONSL's revenues are 40.2 million in the QE March 98 (vs 30.5 for EGGS)
ONSL lost 16 cents in the most recent quarter.
EGGS lost 40 cents from continuing operations in the most recent qtr.
ONSL's has $8.64/sh in sales, so the PSR is 3.04 with ONSL at 26.25.
Why is ONSL TWICE AS EXPENSIVE AS EGGS????
Funds own 23% of ONSL and Banks own 14% (vs 11% and 1% for EGGS)

I should think that more intelligent discussion could begin on this website.

Best of good fortune to us all,

Tim West