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

To: Anaxagoras who wrote (6012)1/20/1999 9:49:00 AM
From: Anaxagoras  Respond to of 8307
 
OK, it's looking like ONSL's report may turn out to be pivotal for e-tailing perception. I'm going to have to look more into this. I just peeled this off of Briefing.com:

<<09:34 ET Amazon.com (AMZN) 136 -3 13/16 (-3%): Oppenheimer making cautionary comments on online retailer. Believes trend toward low-margin portal strategy (such as than being adopted by OnSale) may hurt AMZN perception. The firm, which is still bullish on AMZN, would consider taking some profits off the table. (CNBC).>>

Perception is everything here. EGGS remarks will be very important in confirming or challenging this.

Anaxagoras



To: Anaxagoras who wrote (6012)1/20/1999 9:55:00 AM
From: Anaxagoras  Read Replies (1) | Respond to of 8307
 
E-tailing takes another minor hit courtesy of CDNW- it looks like the ONSL report is rippling through recommendations as Friedman Billings Ramsey downgrades shares of online music retailer from "buy" to "long-term buy."

Actually, for the moment, we may be in the enviable position of not having coverage to be downgraded. Expectations are not high for EGGS, and this may actually help us today.

Anaxagoras


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