Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Craig Rogers who wrote (3074)	10/23/1998 1:29:00 PM
From: Rommy B.	Read Replies (1) \| Respond to of 8307

EGGS has a history of being a weak internet stock. I went long about 1-2 months ago at 8 1/2 and then I realized that it wasn't about to go up. The 50%-up day followed by 2 consecutive down days smell of pump-and-dump to me. The company's earnings weren't too great, so there is no strong fundamental reason for the stock to go up. But you never know, good news or an internet buying spree could lift EGGS back up. It's a wild market these days. I think, though, that it would have to test the old lows before establishing new highs. But this is only my prediction, time will surely tell. Best to all, Rommy