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


To: James H. Irwin who wrote (2851)10/19/1998 3:11:00 PM
From: Street Walker  Read Replies (2) | Respond to of 8307
 
This is why Orban said EGGS will get covererage initiated.
Thanks for letting us know :-)

He may also appear on CNBC while in NYC.

Nice to see some large trades go through (50,000)

Regards,
S.W.



To: James H. Irwin who wrote (2851)10/19/1998 6:08:00 PM
From: Street Walker  Respond to of 8307
 
Moving Averages - TA ------ break-out........ hatch <g>

investools.com

This is a simple chart to view Moving Averages

Put in the following dates: July 20th 1998 to present
size the chart up one notch to 800x600

Then put in the following Moving averages

50 day, 100 day, 200 day.

TODAY, we broke the 5 day, 10 day, 25 day, and 50 day moving averages.
This is what you call the beginning of a break-out. Some TA scholars instruct a full break out is when a stock surpasses the 200 day moving average.

James, do you know what firm will be sharing insights on EGGS this
Thursday? Earnings a lone will take it past the 200 day moving average (if they lose less than .24 per share). This will cause a lot of bells and whistles to go off on TA scanners. Combine this with the NYC Conferance with EGGS ceo speaking, (and maybe a brokerage upgrade) and this stock may finally trade with similar valuation ratios as others in the sector namely
ONSL.

There is a nice comparison of price/book ratios above on EBAY, ONSL and EGGS (thanks Bo). EGGS is finally getting recognition as undervalued compared to other companies in same industry. #reply-6049486

Everyone, be sure to take a look at the moving averages.

EGGS a short term hold - few days.

Regards,
S.W.