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


To: j_b who wrote (2412)8/5/1998 6:25:00 PM
From: zax  Read Replies (1) | Respond to of 8307
 
You may be right.

But many early players in this area are enjoying strong surges in sales, revenues and value. EGGS seems near the bottom to me, at this time.

Also, Egghead did have a brick and mortar presence which I believe gives it a certain name and brand recognition among consumers that a company like Amazon.com never had. EGGS also has a strong backround in product marketing.

I don't know what the far future brings, but I think at least three to six very strong quarters of growth in this company and stock are fair projections, at this time.

Have been wrong in the past, sure I'll be wrong in the future, and may be wrong right now. EGGS could succomb to the hyper-growth, momo investing and short-squeezing that some other internet stocks are seeing, and it may just get the sh*t kicked out of it like KTEL as well.

Anyhow, I've put my money where my best "guess" lies.

Regards,

-- Eric



To: j_b who wrote (2412)8/5/1998 6:50:00 PM
From: ricecr  Read Replies (2) | Respond to of 8307
 
After the market stabilizes, we'll see an upgrade and better coverage.

Compare this stock to onsale right now, and this stock is a bargain. I think any upgrades or reiterations of its strong buy recommendation would go practically unnoticed in this environment. After we see some stabilization--I think we can see this stock back into the 20's by the year's end.