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

To: shane hartman who wrote (4442)	12/9/1998 5:16:00 PM
From: Scott Williams98	Respond to of 8307

Resistance at $21.00 today. I noticed many bigger blocks (i.e. 5,000 shares+) being traded on "downticks" on Quote.Com Live Charts in the last half hour of trading. Also a few smaller block "upticks" along with smaller regular trades. Can anyone explain what a trade on a "downtick"/"uptick" means? (I believe it has something to do with short sales??). Still hold a small position in EGGS after selling the majority recently on the breakout. What really scares me is the Yahoo! bb's on EGGS. Many inexperienced "gamblers" touting EGGS to be $200.00 soon, stating EGGS will make everyone millionaires, etc. A good contrarian indicator, usually. I like Egghead's website and have participated in the auctions. Very user friendly. It's fun, too! Allows the bidder view highest bids, who won, etc. I feel their Web sales will be strong this quarter. The $64,000.00 question is how much will the strong sales effect the EPS. Still holding. Best of luck SCOTT