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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (4068)12/29/1998 7:27:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 4634
 
I was amazed that EGGS made it this high in the first place with a float of 17 million and an unproven, hypercompetitive business. Not at all like the usual micro-float Internuts.

Like TAVA, this one will be easy to short after New year's. Thanks for the reminder.



To: Bill Wexler who wrote (4068)12/29/1998 10:10:00 AM
From: Kevin Podsiadlik  Respond to of 4634
 
Ah, that rec brings back memories. It was either '91 or '92, and I vividly recall the little Egghead boutique I had been such a loyal customer of. Then once, there was a program I wanted to buy that I couldn't locate (little knowing that Egghead was actually in the process of phasing out Mac stuff), and I said to the salesperson trying vainly to help me that I'd go look for it at that huge CompUSA place that had recently opened literally just across the parking lot. I swear that salesperson freaked.

Actually, looking back at the charts, it wasn't going long CPU that was such a great idea back then as was shorting EGGS.

History repeating itself? Just might be.