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

To: sam who wrote (3735)11/25/1998 11:08:00 AM
From: michael liu  Read Replies (2) | Respond to of 8307
 
I closed my position on EGGS (temporary).
Someone is unloading a big amount of shares
at $22. But, I will reopen my position
next week if it still stays at low 20s.
Happy Thankgiving day. Don't short. I
haven't see a new high yet.

Michael



To: sam who wrote (3735)11/25/1998 11:20:00 AM
From: Maurice  Read Replies (1) | Respond to of 8307
 
I believe EGGS has better fundamentals than few other internet stocks.
As Blitz mentioned you'd think after 11M shares in one and a half hour the stock should be higher, but I like to see a stock base out even for an hour or two , it is a good foundation at that particular price with this kind of volume. If this pace is kept EGGS will have traded 40M shares at the close today.
Maurice


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