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Technology Stocks : Egghead.com EGGS (please, no putz's) -- Ignore unavailable to you. Want to Upgrade?

To: Gustav G. Widmayer who wrote (3)	8/26/1998 7:55:00 PM
From: Sjp	Respond to of 54

It certainly could have played a part however the announcement was made today and his last trade, according to the press release, was in March. Perhaps there was insider knowledge of his decision to bail. More likely, IMHO, the stock is just trading like it's online competitors like Siberian and others. It made its quick run from 8 to 29 inside of 3 weeks and then the shorts most likely got ahold of it. I've got no inside info and if I did it wouldn't be posted here, but from what I've heard, the people at Eggs aren't worried but are more or less just sort of wondering who's beating the crap out of their stock. I think we'll see solid sales increases this next quarter and hopefully solid margins. I'm about ready to double up. I've got some at 12 and this 8 neighborhood is looking interesting. I'm gonna' wait for some resistance however.