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


To: James H. Irwin who wrote (6093)1/22/1999 1:06:00 PM
From: JEM  Respond to of 8307
 
No matter how you slice it EGGS has name brand recognition, long standing relationships with computer equipment suppliers (which might mitigate any procurement problems others have experienced), strong balance sheet, no real expectations by Wall Street, research coverage on the way, a reasonable valuation based on Price/Sales...even annualizing 3Q98 numbers of $35 million...and you get a solid INVESTMENT

Those are the exact reasons I invested here. I agree wholeheartedly.

And let's not forget, for a lot of people, Egghead = software. There hasn't been a lot of talk about that end of their business, but I think the name recognition there is going to pay off well for them in that area. Egghead.com is more than just an auction/hardware site!

*JEM*