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

To: Rommy B. who wrote (2928)10/20/1998 12:27:00 PM
From: Rommy B.  Read Replies (1) | Respond to of 8307
 
It's very rare to see a stock try so hard to break a barrier for over 30 minutes (at 9) and still be denied. Smells like MM games to me.



To: Rommy B. who wrote (2928)10/20/1998 12:35:00 PM
From: Kip518  Read Replies (1) | Respond to of 8307
 
I don't look for a surge over 9 3/8 in EGGS today because remaining shorts will likely sit out earnings (why not? EGGS is still going to show a loss -- just a question of how large) and, as importantly, a late day surge would be counter to the general market move as the fade of the post-AG-rate-cut rally sets in. The market is running out of gas. It needs to go lower to refuel.


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