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

To: put2rich who wrote (1482)	7/15/1998 1:50:00 PM
From: Jim Cash	Respond to of 8307

I think you should short more in here to give yourself a better average short price.

To: put2rich who wrote (1482)	7/15/1998 1:51:00 PM
From: Secret_Agent_Man	Respond to of 8307

many have been shaken out and the shorts are having a nice day but, i don't expect their glory to be long lived alot of this is option realted and after expiry we may see a move going into earnings

To: put2rich who wrote (1482)	7/15/1998 1:52:00 PM
From: BILL L	Read Replies (1) \| Respond to of 8307

This is a typical MM game..when the stock is in the downward side,..gap dowm and yank up to suck in more money..to spare their ton of shares at hand..then buying is exhausted,,then down..(just too many shares..now) people are too gready thinking that EGGS could keep flying. AMZN did not go up to 200% within two weeks. many things are against EGGS to sustain this level: big houses are not coming, fund managers may have dumped this one at 29 (they would be dump if they did not given they bought it at sub 10 level), and profit taking and short pressure. if u want to make money..time to short. if u like to be long..buy it damn cheap,,certainly not at this level. MMs suck right in, and walk it down, leaving you hang in loss for weeks or months to come. Never go against momentum or chase the stock..it hurt many people. too strong and too hard for novice to swallow. but this is the market world... EGGS will keep going down at least for a few days. If u lost money on EGGS, time to get it back by shorting it..just my own thought. do not want to see people losing their money. and it is also not quilt to make money either thru long or short..it is their right. good luck to all. BTW: around 21-22, still good to short if u can get the shares..