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


To: Estephen who wrote (3985)11/28/1998 11:53:00 AM
From: Robert  Respond to of 8307
 
Message 6591859

Robert...



To: Estephen who wrote (3985)11/28/1998 12:19:00 PM
From: sam  Respond to of 8307
 
Some more news over the weekend about new website:

quote.bloomberg.com
projo.com



To: Estephen who wrote (3985)11/28/1998 1:18:00 PM
From: Anaxagoras  Read Replies (1) | Respond to of 8307
 
Thanks for the info, Steven.

<<Harmon forecasts 1999 revenue of $195 million (vs. $140 million for 1998), in which case the stock trades at about 1.6 times next year's revenues vs. a multiple of 5 to 10 for other Internet retailers. >>

But other internet retailers get those multiples because of their frantic top line growth rate (and even then it's aggressive). In contrast, if Harmon's forecast is right, then the growth rate for EGGS is only going to be about 39%. Quite nice for most industries, of course, but not for internet-hype types; in brief, it's respectable but it ain't no AMZN.

Anaxagoras



To: Estephen who wrote (3985)11/28/1998 1:19:00 PM
From: HECTOR RUBERT  Respond to of 8307
 
Hi Steven,

And to all fellow EGGHEADS!! There is plenty of upside left on EGGS as well as ONSL check it out ...http://www.techstocks.com/~wsapi/investor/chart?s=ONSL+EBAY+EGGS+COOL+BYND&pts=100&span=Days

ONSL and EGGS sell at single multiples to SALES. Now look at EBAY WOW!!!!!

The BIGGEST BOOM in E-Commerce is not in Consumers but Businesses. I believe both EGGS and ONSL will lead this sector.
Just my opinion but BRAND RECOGNITION is making names for EGGS and ONSL!!!

Hector