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

To: Teknvstr who wrote (3068)	10/23/1998 10:52:00 AM
From: James H. Irwin	Read Replies (1) \| Respond to of 8307

Just stating what I thought to be the obvious. As for longs and shorts, that is what makes a market, and I wish everyone well...anyone notice that the "small stuff" is working. I'm sensing a big move from my ex-customers that they are now looking at stocks they wouldn't have considered even a month ago...mainly because everyone has puked their stocks to a point where they are probably over done. Market sentiment in some names got so nasty that we may have seen bottoms in some stocks. In essence, new holders who are now profitable in a name, will probably let it work for awhile. Case in point, yesterday AFCI spoke at the same conference EGGS spoke and stock spikes on huge volume. Current holders are all happy and profitable because everyone who wanted to puke have done so. Check your charts this weekend and you will probably see that many smaller stocks (<$1billion market cap) have bottomed and successfully retested. Make sure the company is involved with technology that is going to be around for awhile, and then trade like a Banshee or buy and hold.