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

To: stockycd who wrote (3798)	11/26/1998 9:27:00 AM
From: Kip518	Respond to of 8307

HAMS BRING HOME THE BACON FOR EGGS (re-released PR) PR Newswire - November 26, 1998 09:15 This Little Piggy Went to Market...Via the Internet VANCOUVER, Wash., Nov. 26 /PRNewswire/ -- With apologies to Mother Goose, Egghead.com, Inc. (Nasdaq: EGGS)today announced that its "little piggy went to market" via the Internet when the company combined ham and EGGS for the first time in e-commerce. When first offered, Egghead.com quickly auctioned more than a ton of smoked hams produced by Lazybonesa Inc., a small Brookfield, Wisconsin-based specialty meat supplier that markets spiral-cut holiday hams. Egghead expects to auction more than 2,000 of the hams by Christmas on its Internet auction site at www.egghead.com. The hams are ready to eat when delivered. Egghead vice president and chief of merchandising, Jim Kalasky said, "These sales are 'no pig in a poke!' Selling ham is bringing home the bacon for EGGS." Lazybones(TM) president, Joe Kleiser said he expects Internet sales to allow his company to grow rapidly. "Selling our hams over the Internet is the most exciting thing to happen to Lazybonesa since the day we opened our business," Kleiser said. Until now, Lazybones'(TM) annual production of 22,000 hams has been sold exclusively through two company stores in Brookfield and Whitefish Bay, Wisconsin, and through a small number of upscale specialty stores. "When we watched our hams come up for sale on the computer screen for the first time, it was like watching our company go public," Kleiser added. "The Internet allows us to sell our rural Wisconsin hams nationwide." Egghead.com is the first national retailer to close its chain of stores and move its business to the Internet. It is among the top 10 Internet retailers according to Media Metrix. "Our menu goes well beyond ham and EGGS," Kalasky said. "We provide wholesalers and manufacturers simple and direct access to the 20 million businesses and consumers who visit our sites each quarter." "We're pigging out," CEO George Orban concluded. SOURCE Egghead.com, Inc. /CONTACT: John D. Hough, Director, Corporate Communications of Egghead.com, 206-448-7631, or jdhough@ibm.net; or Joe Kleiser, President of Lazybones(TM) Hams, 414-783-7037, or lazybonesh@aol.com/ /Web site: egghead.com (EGGS)

To: stockycd who wrote (3798)	11/26/1998 10:35:00 AM
From: Jackie Ng	Read Replies (3) \| Respond to of 8307

Comparing EGGS with ONSL, they are both going to list on the index.I don't understand why the price for the ONSL can surge that high easily, but not EGGS. It didn't seem any selling pressure on ONSL that did happen to EGGS recently. I think there may be a story related to the last summer while the stock had been pump-and-dump. Therefore, many investors are trying to sell their shares before "its next sell-off". I don't think it will happen this time. Since I can't find any reasons why the price was being hold in this level, comparing with ONSL, also COOL, EGGS is a better company with a good "brand name" so I would say the pressure of the price was created by last summer time. Besides, after analyzing the valuation of other etailers' stock by using the price-to-sale, the method using by most of the analyst, I think EGGS is definitely undervalue. There are so many room for the price to rise. If it can break out the "psycholoical" point of high $20, it is possible for EGGS to catch up the "lag" between all other etailers. Also, after the huge recent promotion, the dissemination of its image will definitely create more publicity and raise the interest to EGGS. In fact, I start seeing EGGS advertisement every day in any media since last week. Further to the advertisement, Orban is also aggressively pursuing more "speech" opportunity to the public. He was in the CNBC last week and FOX business news today. EGGS is on the "move". Obivously, the recent move in EGGS is much stronger and steady than the one happened in summer. EGGS is just in the etail business on the right track on the right time and on the right moment. Rapid growth of EGGS is foreseeable. I am confident for EGGS to break its record high soon. I am accumulating the EGGS since last month, with my average cost of $14. I am not going to sell my shares unless NASDAQ is going back to 1,700 level; otherwise, there is no reason for me to sell. We are investing in one of the greatest potential company. So seat back and relax, we are going to fly. EGGS option is more active than ONSL, why? Any opinions for the selling pressure? Happy thanksgiving. J.