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


To: Bo Didley who wrote (2805)10/8/1998 2:58:00 PM
From: beetle12  Read Replies (2) | Respond to of 8307
 
I spoke w/ Orban yesterday and he indicated Egghead is doing tens of millions of dollars in business and that the current valuation on Egghead stock does not reflect the reality of what is taking place at Egghead. He made the analogy between his company and other E-commerce companys that do not do nearly as much in business yet have much higher valuations. He also indicated the COO at Oracle has indicated that Egghead will succeed with their new Oracle based platforms. I got the impression their earnings going forward will be much brighter.I