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


To: Kip518 who wrote (2120)7/26/1998 7:42:00 PM
From: CRay33  Read Replies (2) | Respond to of 8307
 
Please explain why the MM's would like to keep the price in the 20's.

I do not understand this motivation.

Thanks,
Dave



To: Kip518 who wrote (2120)7/27/1998 4:10:00 AM
From: Philipp  Read Replies (2) | Respond to of 8307
 
Kip:

< Apparently EGGS is not going to announce earnings until
July 30th or possibly Aug 3rd.>

Any thoughts of why they are postponing. They have not
finished "cooking the books"?

I would consider this a bad sign. Considering your discussion
of MMs intentions, it seems to me that they actually might
want to push the price below $ 19 in the short term to get
at the nervous longs and to buy some more stocks for the
rebound.

Cheers,

Phil



To: Kip518 who wrote (2120)7/27/1998 11:40:00 AM
From: beetle12  Respond to of 8307
 
earnings estimate:does anyone know the first call EPS estimate?