SI
SI
discoversearch

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: Kip518 who wrote (2110)7/25/1998 9:44:00 AM
From: Philipp  Respond to of 8307
 
Thanks, Kip:

I agree, of course, that it is not really FA that determines
the present value of the internuts, but the relative change
is important, whether a company's business is developing
strength (I saw some of that in AMZN's earnings and I am short
there) or just getting by. I am trying to assess the direction
of EGGS after earnings; either way is fine for me at the moment,
provided it is a significant move. Otherwise, I will have to
daytrade myself out of my positions.

A quarterly loss of $ -0.35 appears quite bearish to me.
Undoubtedly the spin doctors will try to make any result
look good, though I think that this becomes increasingly
harder as the WSJ and Briefing.com have been increasingly
outspoken in criticizing the most blatant manipulation attempts
of the last two weeks (of course, they are not always so
obvious).

Cheers,

Phil

P.S.: Good call yesterday.