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


To: esterina who wrote (2909)10/20/1998 10:23:00 AM
From: BomboochaBoy  Read Replies (2) | Respond to of 8307
 
Ho, boy -- earnings.

I remember last quarter's report. I sold some EGGS at 20, but it tanked after the earnings came out.

Got back in at 8 3/4 today, but I'm quite skittish about holding overnight like last quarter.

Paul



To: esterina who wrote (2909)10/20/1998 10:37:00 AM
From: CoffeePot  Read Replies (1) | Respond to of 8307
 
Agree, since EGGS began focusing completely on online sales it's almost like starting a totally new company. Revenues are no longer constrained by the # of store fronts EGGS has,, it's a whole new ball game. If the likes of AMZN can achieve a 5billion+ market cap in this arena EGGS should be worth a lot more than a paltry $200mm. The important thing to consider when earnings do come out is not so much profitability as revenue growth, if the growth is there the profits will come later.

CP