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

To: Howard E. who wrote (1622)	7/16/1998 2:17:00 PM
From: HairBall	Read Replies (1) \| Respond to of 8307

Howard: I don't know you. You should invest your time, before you invest a dime. If you are day trading, get appropriate software and service to keep BOTH eyes on the market while you are in. This stock may spike up again after good news, "who" knows! May gradually move down. Wise saying: No one ever went broke taking profits. With this stock, take'em if you got'em! Watch the stock, if you think it is a good investment, jump back in with your original investment. Now you have taken some off the table. Trying to hard, to make too much, to fast, is why MOST folks loose! BWDIK Regards, LG

To: Howard E. who wrote (1622)	7/16/1998 2:18:00 PM
From: Grisham	Respond to of 8307

Howard, Don't worry about this babe, I believe she will get back and run new high! Same thing happened to me. I bought EGGS at 18 3/4 last week and cannot bail out at 29. But as I said she 'll be back soon and go to new high. Grisham

To: Howard E. who wrote (1622)	7/16/1998 3:25:00 PM
From: Kip518	Read Replies (1) \| Respond to of 8307

I got burned in 1986 trading and have been afraid of the market since. I bit the bullet and bought into EGGS at 15 1/2 and didn't sell at 27. Now I am riding it down and still can't get a feel for where to bail out. I could hold for the long run, but would like to put my money to work for me now. Howard, do not take this unkindly, but from this statement you are the kind of investor the market will try to screw every time. (I know because I've been there, done that). When you get a 10-12 point profit in a hot stock, as hard as it is to do when you have visions of even bigger bucks in your mind, grab the profit and run. Go look for something else (preferably less hot). If, as here, you watch a stock go up and then watch it go down you're likely ultimately either to: 1) get out a break-even, cursing yourself for letting all that money get away, or 2)worse, watch your profit turn into a loss and then a worse loss waiting to break even again. I fear EGGS presents you with this possibility. Most folks who have played the market for many years come to believe the following things are true: 1) if you buy a stock it will go down; 2) if you sell a stock it will go up; 3) if you think about buying a stock and don't, it will skyrocket; at best, you hope to break even over time. Of course, this isn't always true, but believing that it is how the market stun investors and steals their money. My personal guess is that you are going to see your EGGS purchase at break even or worse before you see the chance to sell it at 27 again. You'll then have to decide what to do. The market educates us constantly. Best of luck and best wishes, Kip