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

To: HairBall who wrote (3472)	11/12/1998 10:30:00 PM
From: Sycamore	Respond to of 8307

<<This leaves no place for EGGS to go but straight up at the open.>> LG, Generally speaking, Fridays have been good to the markets. Hope tomorrow is no exception. I'm not much of a chart reader but from watching the stock today, and I think you've noticed this as well, EGGS seemed to be moving in rhythm with the DOW. So a good DOW can't hurt. If I'm not mistaken, the new WEBSITE will be up any time now, tomorrow or possibly Tuesday at the latest. Once that is done, we can only hope that the rumored analysts coverage will follow. With most retail & internet analysts as bullish on the sectors as they are, this could only be good for EGGS. The downside seems to be very tolerable (perhaps $2 or less) but with a huge upside potential north of $20 short term. Another wild card to consider is its likelihood of being taken over. If there's any validity to the speculated rumor at all that EGGS is in AMZN's short list of candidates then there is no better time to do it than now before any coverage occurs or while the stock is still CHEAP. All it takes is an analyst from a big reputable firm issuing a "BUY or Strong BUY" recommendation on the stock, and EGGS could may as well do the EBAY thing. Wishful thinking perhaps but I suspect that the only thing that separates EBAY's price from EGGS' is "coverage." It's like a timed bomb waiting to explode. All the best, sycamore