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


To: HairBall who wrote (1456)7/15/1998 12:38:00 PM
From: put2rich  Read Replies (1) | Respond to of 8307
 
LGregg, thanks for warning. I looked at the last two days chart too late otherwise should have locked into profit when it dipped to 19. Well another mistake again, I have a small fund but I won't cover at loss. I will go under 20 again tomorrow if not today.



To: HairBall who wrote (1456)7/15/1998 12:46:00 PM
From: Aladdin  Respond to of 8307
 
EGGS is FAIRLY VALUED

With about a $500 million market cap, Egghead.com is now a farily valued stock. EGGS has not run up from $8 to $21 just because of hype. Had the market not ignored EGGS it would have been $21 months ago. That's our fair market value base -- Internet Hype has not yet touched EGGS.

Last quarters revenues were at around $30 million. I say in the next two weeks, the stock will stay within a close trading range -- barring any news -- until their quarterly results are released.

If they have revenues in the high $40's or even $50 mill, combined with coverage being initiated by Wall Street, then we're off to the races.

Software.net, with only about $7 million in revenues last quarter is valued at $20/share. Egghead.com with $30 million in quarterly revenues is at $21. Hardly equal by any comparison.

EGGS has LEGGS for the investor who is in for the next 2-6 months.



To: HairBall who wrote (1456)7/15/1998 1:01:00 PM
From: UFGator93  Read Replies (3) | Respond to of 8307
 
Well, it broke above 22 for a bit and then moved back down. Now it looks like it's moving back up over 22 again. Is this an upside reversal? Is EGGS again showing positive strength?