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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: Iris Shih who wrote (2912)11/26/1998 12:38:00 AM
From: Crossy  Read Replies (1) | Respond to of 37387
 
Dear Iris,
thank You for pointing Rick and me (indirectly) to EGGS. A great stock. Still very undervalued. My Price to Sales model gives it a minimum target for $40-50. I'm holding thru earnings. Simply because they surely would have a HUGE increase in revenue. That's what I want to see there. Don't care if they got a profit of 0.01 $ per share or a loss of 0.10. I'm no bean counter. Just seeing the big potential here. The name recognition is surely evident. 2 million marketing databse. TV ads. Show me any internet-retail stock or portal site that's being able to show those credentials. Not many out there. Also on Dec 9th ISI (Internet Index) commences trading. That's another big chance.

best regards
CROSSY

BTW: If You like Internet retail stocks, take a look at ELBO (Electronic Boutique). Retailer of PC games, Electronic gadgets etc. Mixed b usiness model, stores & web. Profitable. PSR (Price Sales) at 0.44. Very cheap I'd say. TA chart is gapping upward. I like this company.

Also sorry to us all for getting out of AMD too soon. Kurlak can do some things to a sector, that's for sure. Will wait a bit before getting into semi equips again, since I just reshuffled my portfolio. Also want to increase retailing before getting into anything else.