Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: HairBall who wrote (2822)	10/12/1998 9:16:00 PM
From: Bo Didley	Read Replies (1) \| Respond to of 8307

How 'bout those EGGS !...............technicals Okay, I looked at the historical charts before buying at near $6. I was so happy when it reached my entry price. I was not even thinking of a stop out price because I was buying for the short term earnings play. Had I been daytrading the stock, I would have had a stop-out. Since I am familiar with EGGs, I was confortable averaging down. iqc.com The above chart is a very good sign! The 5 day exponential moving average has finally crossed the 20 day. Its been weeks since that has happened! Last time it crossed, EGGS ran up 2 1/2 points that week! iqc.com On the upside, the 100 day and 200 day moving averages are both at $10. That will be its first major resistance. In the 10 year history of this stock, you can catch it here near its lows and make a nice profit. Its one of those Wade Cook lessons. iqc.com bo

To: HairBall who wrote (2822)	10/15/1998 12:11:00 AM
From: BILL L	Respond to of 8307

hello, LG and KIP, have not come to read EGGS for months..still found you two here. U are really sitting on this golden eggs. Market has been become so turbulent..and not surprised to see EGGS falling down to the earth. just too many IF... if we all had hold our shorts at 22, or even 10,,we could have made a lot more money on EGGS. .. gee...market always win us. just stop by and say hello to both of u. best wishes regards bill l P.S. market is so bad..it is easier to make money by shorting than going long these days. esp..investors are becoming very picky with their stocks. they tend to go first-rate companies, before putting money on second or thir-tier ones. It will take a big while before EGGS can go up. Market sentiment is very bad these days.. CNWK may still be good target for short right now. earning has not come out yet, but the stock keep dipping. something must be wrong with it as least related to their earning. I shorted spln at 18, it has the similar type of behivor before the preannouncement. the next day after that..it was down to half.. just IMHO. take care and good luck.. may come back next year to trade EGGS..