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

To: Philipp who wrote (2257)	7/30/1998 6:07:00 PM
From: fiberman	Read Replies (2) \| Respond to of 8307

Let's look at the facts here: - Revenue 29.5M vs. 30.5M <1.0M> = Bad - Operating Expense 8.8M vs. 18.5 M <9.7M> (52% Reduction)= Excellent - Web site visits 21M vs. 14 M +7M (50% increase) = Excellent - 7th largest hits in entire www for at home users = Good - 6th largest hits in entire www for at office users = Good - Increase of GP to 10.4% by a little = O.K. - Assets 120.6 M vs. 159.0M <38.4M> = Bad, but a lot of it for the cost of closing the retail offices and stores - Current liability 39.0M vs. 62.7M <23.7M> <37.8% reduction> = Excellent - $0.0 long term debt = Excellent - Cost of selling 5.77M vx. 9.0M <3.23M> (Reduction of 35.9%) = Very good - per share loss of 0.24 well ahead of the street's expectation. = Good, but it could have been a lot better, if they made money, but nobody was expecting that. This analysis does not look too bad to me, but I always pick companies at the wrong time. Any TAs out there who want to make sense out of these numbers? Anything new about the CC yet? Maloxman (Formerly Fiberman)

To: Philipp who wrote (2257)	7/31/1998 5:21:00 AM
From: Philipp	Read Replies (1) \| Respond to of 8307

I just finished reading all the comments on EGGS earnings. They confirm my first impression that the earnings were neither particularly good nor particularly bad. If I were not long already, I would not buy EGGS now, but on the other hand I don't see any reason to sell either. Since the internets are rebounding at the moment, EGGS should be up for a few days. As Kip has pointed out, EGGS has followed every turn and trend of AMZN for the last 9 trading days (albeit with larger amplitudes). So it could easily go up to the mid-20s and then stabilize at that level. Of course, a few upgrades could also help, but they don't seem to be forthcoming. Cheers, Phil