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


To: wiley murray who wrote (3811)11/26/1998 4:38:00 PM
From: SMALL FRY  Read Replies (2) | Respond to of 8307
 
Wiley,

Re:Yesterday I checked with my broker and was told there was little stock to short on EGGS

You didn't really entertain shorting this stock did you? The way the shorts have been "running for cover" lately it will not be a good move.

AS OF: SHARES: PREVIOUS: CHANGE: % CHG: AVG VOLUME: DAYS TO COVER:
10/98 686,640 982,161 -295,521 -30 854,311 0.8

So far there's no end in sight for the EGGS runup... Will it be on the COOL, EBAY, ONSL price range? Chances are... it will, judging from the way it has gotten the interest and attention of a whole bunch of momentum players and ST traders.

If you are thinking ST... watch that volume my friend.

If you're LT, you should sit back and smile every time EGGS introduces something crazy to the fray. Just think about how many analysts, brokers and pundits out there who scratched their heads when EGGS introduced HAM... The first thing that popped into my head is: Are this people running out of ideas? But on the flip side... THIS is an idea. Wall Street loves innovation... crazy as it may seem... it's an old commodity marketing with a new twist. Look at Starbucks... Gosh, how long has coffee been around?

This used to be a software/hardware/peripheral chain of stores when Paul Allen used to own most of it... we don't know what it is now or what it will be tomorrow.

Onward Ho!!!

Happy Turkey Day!
SF