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

To: Big Dog who wrote (6234)	1/26/1999 5:12:00 PM
From: Albert Martin	Read Replies (1) \| Respond to of 8307

TO ALL... EGGS lurker here. REMEMBER, no one had any expectations of any particular number!!!!!! No analyst coverage. 77% increase in revs is nothing to sneeze at!! 19% increase over previuos qtr. And a 94% increase fron the proforma ongoing revs of $54.8 million!!!!!!!! Orban said they had several days during the Thnaksgiving and Xmas period with sales over a million a day!!!! Also the PR said they increased auction bidders 35% from 242,000 at 9/26 to 326,000 at 12/26/98. C'mon guys this IS NOT A BAD REPORT at least in my opinion. Some people thought they might report a $75 million..what a joke. Everything looks fine to me. OK now the time for flaming!! Al

To: Big Dog who wrote (6234)	1/26/1999 5:24:00 PM
From: Scott Williams98	Read Replies (1) \| Respond to of 8307

Positives/Negatives re:EGGS Kinda what I expected based on the recent trading and increased short positions in Dec...no real surprises here. Let's break it down a bit. Some good things: 3rd Q. rev's increased 77% over same period last year. Nine months revenues increased 94% from nine months last year. Registered bidders on auction site increased 35% from last q. At end of year, EGGHEAD.COM ranked 7th most visited sight on entire internet by at-work/at-home visitors (good exposure). Company has $59mm in CASH. Some not-so-good things: 3rd quarter sales increased just 19% over 2nd quarter (compared to UBID's increase of 58% for example). I was expecting much stronger increase... Margins in 3rd q. dropped to 8.0% compared to 10.6% in 2nd q. OUCH..(The "increase in the company's aged inventory" was the stuff they were probably "Blowing out" on their last e-mail to customers on Monday..<g>) My guess short term: We'll see a sell-off tomorrow and maybe through weeks end (hope I'm wrong!). Within a few weeks, we'll get some analyst coverage to boost the stock (doubt it'll be a "strong buy"). I sold half my position earlier in the day, but plan on holding the rest through '99. EGGS should do just fine. Personally, I had a pleasant experience shopping EGGS on-line and plan to be a repeat customer. I love the auction sites. Any other opinions? Best of luck SCOTT