Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Rood who wrote (765)	7/9/1998 2:23:00 PM
From: Aladdin	Read Replies (2) \| Respond to of 8307

$85 DOLLAR PRICE TARGET ON EGGS. This reminds me of K-Tel a few months back when a company issued a $75 price target and the stock went through the stratosphere. This news may be ignored by most, but it is very promising. The full article makes several good points: It's last quarter earnings is similar to Amazon's year-ago earnings and more importantly, EGGS is totally ignored by Wall Street. Wall Street loves to say, "I told you so" and there's always the rush to recommend early. Possibly in the weeks leading up to EGGS's July 28 earnings report date, we'll see coverage initiated. Your thoughts would be much appreciated.

To: Bill Rood who wrote (765)	7/9/1998 3:41:00 PM
From: Hugh W.	Respond to of 8307

14:11 ET Egghead.com Inc (EGGS) 16 3/16 +15/16: Riley Capital Research issues "strong buy" rating on online software retailer. Says company could eventually reach a market-cap of $2 bln and the shares could trade at $85. Says Egghead.com's 3 Web sites generated most of the $30 million dollars in revenues that the company reported in the latest qtr, which is approx. the same level of revenue that amazon.com generated in its year-ago quarter. As might be expected, Mr. Riley and affiliates of Riley Capital Research currently hold positions in EGGS.