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 L who wrote (1498)	7/15/1998 3:39:00 PM
From: Aladdin	Read Replies (1) \| Respond to of 8307

Long in EGGS and Holding. I am long in EGGS until, at least, early August. This stock has a lot of upside potential and, IMO, little downside. The jump from $8 to $18/share was nothing more than Wall Street's and Individual Investors' realization of what EGGS already was, and not an Internet Run-Up. I ain't no day trader. I own a hefty chunk of shares at an average of about $13 per share. I say let her rest, get coverage initiated and wait for what I hope will be very impressive revenue numbers. I'm only scared of their loss/share, because they may tack on some more charges from lord knows where. I'll probably still own Eggs in 6 months. Do you really think that after 2 more quarters and a huge Holiday season where 70% of all retail sales are made that EGGS will be wallowing at 20 with people wondering if it'll hit the teens the next day? No way.