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


To: ayahuasca who wrote (755)7/9/1998 12:10:00 AM
From: purecntry5  Read Replies (1) | Respond to of 8307
 
However I think the stock market has alot to do with psychology and to ignore that would be foolish

I buy and sell based on NOTHING BUT psychology, and its served me quite well...but with that in mind, I believe too many people are looking at EGGS the way everyone on this thread is(except the BeerMan)and that being its terribly undervalued compared to other internets...But I never forget that the market makes a fool of the greatest number of people possible, for the last few months it has been the masses of short sellers but now all the shorts have been whipsawed into going long...leaving WHO to push these things higher??? At some point all these issues have to trade at more reasonable levels...not that I care either way...but its inevitable. So I dont think EGGS will have the opportunity to command the ridiculous prices some have.

...on the other hand it is an exceelent issue for traders, which is what I recognize most of the names I see on this board as being anyway! c):-)

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