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

To: Dorine Essey who wrote (4551)	12/16/1998 12:14:00 PM
From: James H. Irwin	Read Replies (1) \| Respond to of 8307

Has anyone noticed that when we experienced our minor retracement from 12/8's high that that movement was on declining volume. And today we are seeing an upward movement on increasing volume: My experience tells me that that is fundamentally positive. If AMZN with 52.76 million shares at $400 would be worth >$21 Billion!!!!! then I think a case for buying EGGS at roughly 1/2 billion warrants consideration. I wouldn't be surprised if more institutions take a hard look and look under the hood/shell of this company. I sincerely can't imagine trying to be short these concept stocks, unless you were long one and wanted to hedge on one of the weak puppies. And for kickers, on CNBC which is seen around the world...I just got back from Europe and watched CNBC for a few minutes in Paris...you got Egghead.com advertising. Lookout above! P.S. Off thread: I even saw KTEL advertising Country/Western music in Munich...that was definitely worth a laugh!