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

To: XOsDaWAY2GO who wrote (5975)	1/19/1999 3:12:00 PM
From: Mark Duper	Respond to of 8307

Barbara, I think that's usually the case,however, since vol. has been non existent,I don't think you can draw any conclusions. Also, if we broke the trading range that would also be an indication. That has not happened either, so IMO we are safe. I'm still looking for a huge upside surprise. That is what i've heard. sup.

To: XOsDaWAY2GO who wrote (5975)	1/19/1999 3:26:00 PM
From: MskiHntr	Respond to of 8307

Barbara, I concur with Mark, the volume has been spotty, the price action so far has been pretty good. After a good run up, the advance can correct either by downward price movement or a sideways consolidation.. Back in July when the price rocketed from 8 to 30 the correction took the form of price erosion that took the stock to new lows. The most recent advance from 8 to 40 the price corrected but not to new lows and it has been in a sideways consolidation since Dec. 1. From that date to present an ascending right triangle has formed, the top around the 25/26 area with risings bottoms. As long as we don't take out 20 5/8 on a closing basis, I think the pattern holds. If we take out 26 5/8 I think we embark on a new up leg of some proportions. We need a catalyst to get the price moving from this dead center position. Let's hope the numbers are better than the street is expecting. Best, Joe

To: XOsDaWAY2GO who wrote (5975)	1/19/1999 3:30:00 PM
From: James H. Irwin	Read Replies (1) \| Respond to of 8307

That can be the case for a well followed stock...EGGS traded today in sympathy with ONSL.... Now that there isn't any current research coverage, published numbers I have no idea what the "whisper" number could be...certainly there can only be a revenue expectation. Anyway, looking at ONSL at $52 x 19.19 million shares outstanding = market cap of $997.9 million. EGGS currently has a market cap of $552 (23.625 x 24.4) so with 3 "different" web sites I feel good that EGGS will have staying power for time to come...as for the earnings/revenue report coming next week, that is just a stepping stone on the way to higher growth rates. If you feel uncomfortable, sell half your position and buy back after the Q4 report...that would be a conservatively prudent course of action depending on your risk tolerance. as usual bonne chance tout le monde