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


To: fiberman who wrote (2973)10/20/1998 6:00:00 PM
From: Kip518  Read Replies (2) | Respond to of 8307
 
fm, well, now we've seen the "earnings." A fun run huh. Wait for another 3 months, may happen again. As I said here on Saturday, Only internut speculators follow the thing and as long as it's losing money and unwilling to hire promoters, its price is not going anywhere. We're now passed the mindless internut speculation phase and are in the internut shake out phase. Will EGGS even survive? Frankly, I think that is an open question at this point. Well I was wrong about the first part -- there was a price pop. But I may still be right about the second part. What needs to be determined is cash burn rate. EGGS still has a pile of bucks, but unless it starts making some money, that's it. Kip



To: fiberman who wrote (2973)10/20/1998 8:44:00 PM
From: HairBall  Read Replies (1) | Respond to of 8307
 
fiberman: shorted at 9 3/8 & covered at 6 3/4

Gee, how does one get around the spread. <g>

Where do you think EGGS will open tomorrow?

Are you not asking the wrong guy?

Regards,
LG