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: Street Walker who wrote (2826)	10/15/1998 12:03:00 AM
From: Street Walker	Read Replies (1) \| Respond to of 8307

EARNINGS estimates: Go LONG ! --------------------------------Earnings/ share quarter ending March 28, 1998 = -1.51 (loss) quarter ending June 27, 1998 = -.24 (loss) Expectations for earnings due = -.17 (loss) As anyone can see, improving from a loss of -1.51 to just -.24 in one quarter was incredible ! I can't wait to see how much they improve come next week! BTW, what is the source that their earnings are out next Tuesday? EGGS is a bargain at this price, imo! Buy and Hold for a position play. Daytraders will jump in at much higher prices after the stock gaps and then will take it even higher! Invest on your own due dilligence. Go by facts and get a feel for what other on-line retail companies are doing with revenue growth. Keep in mind EGGS is just completing its conversion from retail stores to On-LINE retail. In their next statement,look to see how much they have grown their on-line revenues. That will clue us in to the success of their new business model. We already know how the business model is working out for Amazon. Quarter ending June 27: The company's total revenues were $29.5 million. Orders placed on-line grew to $21.1 million compared to $15.0 million for the fourth quarter of fiscal 1998, an increase of 41 percent. Regards, S.W.