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


To: Prophet who wrote (6232)1/26/1999 5:11:00 PM
From: Anaxagoras  Read Replies (2) | Respond to of 8307
 
<<Obviously EGGS must think there is some good news in their announcement. >>

Yes. But not good enough to keep me invested in this gussied up retailer. I'll have to see how it trades and what other info comes out, but I intend to sell most of the rest of my shares, if not all, soon.

I told you all that I wish that ninny analyst with the ($0.12) estimate had just kept quiet. Here's how Briefing.com reported the numbers:
<<Egghead.Com (EGGS) 20 -3/16: online software retailer reports a fiscal Q3 loss of $0.36 a share, compared to a yr-ago loss of $0.29. Based on a Nelson's survey of 1 analyst, company was expected to lose $0.12 a share for the qtr; revenue rose 77% to $41.9 mln; gross margin from operations fell to 8% from 10.6%; see press release....>>

Retail is hell.

Anaxagoras