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

To: zax who wrote (2411)	8/5/1998 5:10:00 PM
From: j_b	Read Replies (2) \| Respond to of 8307

<<I speculate that EGGS might grow to be a category killer in PC products sold on-line>> I doubt there will be a category killer for PC products sold online. All the major catalog sellers and brick and mortar stores already have online presences, as well as some online-only sites. The auction field is also heavily represented online. With the use of shopping agent robots becoming more widespread, PC shopping may become primarily price driven. After all, why would you buy your PC goods from Egghead instead of CompUSA or NECX or........ if they offer the same products at a better price? The good news is that the auction site is not exclusively PC oriented, so there is plenty of room to branch into more lucrative areas. EGGS can also use their government contracts as leverage into the business to business online market, which is rumored to be 10 times the size of the consumer market.

To: zax who wrote (2411)	8/5/1998 6:45:00 PM
From: Kip518	Respond to of 8307

Buy low sell high, sell high buy low, I ask you, what is the difference? Like most things important, sequence and timing. If, as most the post-market close pundits are saying is true, then tomorrow brings back the sun. EGGS probably made a short term bottom today (I expected it a couple of points higher, even though I knew the risk was 9). It could get a run along with all the other internuts tommorow. I wouldn't expect much from it near term. We'll be very lucky to get back above 14. Unfortunately, EGGS, along with ZAP have become the butt of internut guru's jokes (e.g. Keith Benjamin). EGGS ain't likely to get the excitement back soon. It's being called a sucker stock (thank you Mr. Riley!). (TM never did tell us the end of the story, or maybe it hasn't ended).

To: zax who wrote (2411)	8/7/1998 9:13:00 AM
From: Timothy R. West	Read Replies (2) \| Respond to of 8307

ZAXBOWOW, Your money management is interesting. You have $3,618 in EGGS, and you have $21,338 short in AMZN. Why so much more money short than long? Also, the average range on AMZN is 10 points per day, so that means you could have a $1500 loss or profit in AMZN on any day. EGGS average range is 2.2 points, so you could have a $660 profit or loss on EGGS on any given day. I'll assume that an up-day would be worse for you than a down day for the group since AMZN would lose you $1500 and EGGS would make you $660 for a net loss of $840. Again, these are simple average ranges I'm using for this analysis. Perhaps if you doubled the size of your EGGS position or cut your AMZN position in half, you could more properly adjust your risk. Sincerely, TRW