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


To: Trippi who wrote (6038)1/21/1999 7:53:00 AM
From: Anaxagoras  Read Replies (2) | Respond to of 8307
 
To all:

TSC has an article this morning that's worth a peek(subscription required):
thestreet.com

Turns out Chicago's John Nuveen & Co. started a unit investment trust, "The Nuveen e-Commerce Sector Portfolio". This UIT "invests in 35 companies geared to make money on, through, or because of the Internet, as well as in the pure Internet plays."

Surprisingly, EGGS is not included (but ONSL is).

"The combination of UITs' popularity and the frenzy over anything remotely related to the Internet has gotten Nuveen's e-Commerce portfolio off to a fast start. On Friday alone, the first day the portfolio was open to the public, Nuveen was flooded with $31 million in cash from investors wanting to buy into the trust."

Anaxagoras



To: Trippi who wrote (6038)1/21/1999 9:16:00 AM
From: Dorine Essey  Respond to of 8307
 
If you think EGGS is going to the moon then a pullback shouldn't bother you. EGGS is not dead
you can smash em, fry em. boil em, or sramble em -- but EGGS won't die -- if it crashed to $5 tomorrow -- sooner or later it would run like a banshee to $40 and maybe crash back down again -- declaring one of these dead is like declaring that the Sun will not rise tomorrow -- you could be right -- but if you are it doesn't matter.


Very well said.
You answered my question .
I Thank you,
I have been long on EGGS
Dorine



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