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


To: Rommy B. who wrote (2737)9/23/1998 8:08:00 AM
From: Kip518  Read Replies (2) | Respond to of 8307
 
Rommy, EGGS appears to be sharing in the re-emerging internut craze -- with YHOO again heading toward the moon and the IPO for IBAY being talked about as reviving investor hopes for internet commerce stocks. While the ZDTV press release struck me as a puny reason to get real excited about EGGS, at least EGGS management finally broke the long silence...shows that at least Oban is awake. EGGS does have some room to move on the upside. Short term, there is a good chance it can get back to low double digits, whether it stalls out there or not, too soon to tell.

As for LBOR, yes I am short LBOR along with a pile of other stinkers. However, I may have to start bailing on some of these soon. The bearish/crash scenario I thought likely a couple of weeks ago seems to fading away. Looks like all the nuts are starting to rally around the animal house again --- to-ga! to-ga! to-ga!

Kip