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


To: HairBall who wrote (2819)10/12/1998 8:16:00 PM
From: Street Walker  Read Replies (1) | Respond to of 8307
 
41 Percent Increase In On-line Revenues Over Prior Quarter

biz.yahoo.com

This is old news, however, it will be important to know the
reporting of the past to better understand their future reporting.

I remain to my belief that Bo was smart averaging down at
$4 1/2. He is basically now at a breakeven, given that he made his first purchase in the low $6 range. It proved to be a good move (hindsight 20/20 <g>). I've also learned not to use the word "never".

What I was describing was how EGGS built off $4.50, then $5.00, then $5.50. These facts speak for themselves. There is no predictability of this trend, as with ANY stock. Looks to me like EGGS is going up as earnings near. Dreams coming true <g>.

The only investors/traders who despise the trend of the last few days are those who are short. SMART shorts would have covered in the mid $4 range, and then went LONG.

Another annoucement before earnings? When I said that I was under the impression EGGS was releasing earnings the very end of October.
I have since learned otherwise.

Regards,
S.W.