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

To: TokyoMex who wrote (2007)	7/23/1998 9:05:00 AM
From: UFGator93	Read Replies (1) \| Respond to of 8307

Thanks, TM. I notice that they also don't have an estimate for the current quarter. Although I am an EGGS bear, I think the lack of coverage could play a role in helping EGGS down the road. There are no earnings estimates to disappoint at the current time. If their losses grow (a la Amazon), this will be a negative and should hurt the stock. Since the losses last quarter were so high, it shouldn't be too tough to improve quarter to quarter. Once these improvements start occurring, other analysts may begin to cover the stock. In today's "recommend a buy on everything" analyst environment, this could be a boon to EGGS even with the existing over-valuation. Hope I'm wrong, however. Damon