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


To: Wayners who wrote (3469)11/12/1998 7:37:00 PM
From: HairBall  Read Replies (1) | Respond to of 8307
 
Wayne: I took a look at your chart recommendations.

I've got my pennant drawn already for a probable consolidation region

There is no pennant formation.

Draw a corresponding line from $11 1/2 low upward at a complementary/supplementary ? angle--it goes through about $12.

One cannot just draw random trend lines.

I'm betting against the up trend line connecting lows on 5 Nov 6 Nov and 12 Nov holding--EGGS closed right on that line today at $12 3/8.

Well using the low of the first hour of trading today and the low on 11/6 you can start a new supporting trend line, but today closed right on it. This leaves no place for EGGS to go but straight up at the open.

No offense, but you need to work on your charting! Your expected trading range tomorrow may work, who knows. But, the method by which you came up with the range is not valid.

Regards,
LG



To: Wayners who wrote (3469)11/13/1998 6:24:00 AM
From: Dorine Essey  Respond to of 8307
 
Wire INTERNATIONAL INDUSTRIES' STOGIES-ONLINE WEBSITE LIVE FOR E-COMMERCE BUSINESS EDITORS

--------------------------------------------------------------------------------


BOCA RATON, Fla.--(BUSINESS WIRE)--Nov. 12, 1998--International
Industries Inc. (OTC:ININ.O) announced Thursday their interactive
website, www.stogies-online.com is live for e-commerce transactions.
The company, through its majority owned subsidiary, Mr. Cigar
Inc., currently offers many popular premium brand-name cigars at
substantial discounts from suggested retail prices. Mr. Cigar will
also market their proprietary cigar vending humidors and franchises on
the site in addition to cigar accessories.
The company feels that with the recent success of other
e-commerce sites such as Egghead Software (Nasdaq:EGGS.O), Zapata Corp.

(NYSE:ZAP.N), K-Tel (Nasdaq:KTEL), Audio Book Club Inc. (AMEX:KLB.A),
Amazon.Com Inc. (Nasdaq:AMZN.O) and eBay Inc. (Nasdaq:EBAY.O) that the
time was right for International Industries to develop an e-commerce
revenue stream and Internet marketing presence.
International Industries Inc. is a diversified holding company.
They currently have two operating subsidiaries: Mr. Cigar Inc.,
manufacturer of automated cigar vending machines and distributor of
mass market and premium cigars, and Mr. Cigar Private Label, producer
of personalized hand-rolled cigars on a contract basis. International
Industries plans further growth through acquisition of additional
companies in its existing and complimentary lines of business. They
have published a new website at www.stogies-online.com for online
ordering and marketing of their products.

This material was prepared and disseminated by The Hawke Group
Inc. ("Hawke") for the company discussed herein, based upon company
supplied information or other sources believed to be reliable.

-
Visit our website at www.hawkegroup.com