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


To: James H. Irwin who wrote (4594)12/18/1998 10:39:00 AM
From: Wayners  Read Replies (1) | Respond to of 8307
 
What I should have done is put in an offer at $20 7/16 when it was $20 1/4 x $20 1/2. They've got 30 seconds to either fill it or post it.



To: James H. Irwin who wrote (4594)12/18/1998 10:44:00 AM
From: Anaxagoras  Read Replies (1) | Respond to of 8307
 
<<How does one intentionally try to get people to sell? >>

Ok, let's not drag out a tiresome debate about the control that MMs have over a market.

Would you at least agree that
(1) widening spreads dries up liquidity,
(2) demoralizing buyers,
(3) and the axe has great influence over the other MMs insofar as what they do, the others tend to follow.

I don't think any of that is particularly controversial, it's kinda day trading 101 stuff.

Anaxagoras
PS- Hey, I take it all back- thing just jumped, damnit- I love this stock. Sold at 21 2/4, thinking about a short now, still believe we'll close at 20.



To: James H. Irwin who wrote (4594)12/18/1998 10:55:00 AM
From: Scott Williams98  Read Replies (1) | Respond to of 8307
 
Hi James,
I too was looking at CDWI yesterday. I was planning on picking some up first thing this morning in the $18's...well, I was too slow! I explored their new website yesterday and liked what I saw. The profit margin for used CD's is great. I like the brick/morter and e-tail combo (that's why I'm in ELBO as well).

EGGS volume very weak this morning (something to do with options?) I would love to see this one break through $21.75...

Best of luck SCOTT