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


To: fiberman who wrote (3177)11/5/1998 10:00:00 AM
From: esterina  Read Replies (1) | Respond to of 8307
 
You are not missing a thing. We just need exposure and some good announcements. Stock holding nicely. Hopefully we will see it move.



To: fiberman who wrote (3177)11/5/1998 11:46:00 AM
From: J. C. Dithers  Respond to of 8307
 
EBAY versus EGGS .....

Yes, you definitely ARE missing something. Namely, The difference in the breadth of merchandise offered on the two sites. EBAY is a dream come true for millions of users, with the number sure to grow exponentially as the word spreads. EBAY is the ultimate universal flea market, where a buyer can find ANYTHING, no matter how old, how rare, how quirky. Everyone I know that has discovered it is simply bowled over by the treasures (to each of them) that they have found being offered by someone, somewhere on the site.

As to the potential fraud/manipulation problems, they are the same as have always been inherent in all auctions, but that has never deterred people from participating in them. Moreover, EBAY management has shown great savvy in fixing problems as they surface.

What it comes down to is that EGGS is in a narrow market with a lot of competition, while EBAY has invented a concept and a market that are unique. EBAY will have its competitors, too, but they already have a huge head start, a fanatically loyal customer base, and great brand recognition ... the advantages that have proved unbeatable on the Net (e.g, AMZN).

None of this is to bash EGGS, which I own myself and believe to be undervalued. Just pointing out that these two companies are fish and fowl.

Best of luck.