Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Annette who wrote (6349)	1/27/1999 4:48:00 PM
From: molly	Read Replies (1) \| Respond to of 8307

I am not into EGGS but I watched the interview. The CEO looked very nice and expressed himself well. The problem simply is that if everyone else is doing so well on the net and EGGS is not, the stock is going to go down. This is how the street works. You can not blame the appearance, Sorry

To: Annette who wrote (6349)	1/27/1999 4:53:00 PM
From: Condor	Read Replies (1) \| Respond to of 8307

The man made a viable company out of EGGS for years, he then brought it to the 21 st century, now he's trying to manage the difficult task of transforming to E- commerce. ( and we all want it NOW, not 1 or 2 quarters into the future but NOW). Wouldnt it be nice if he was as smart as us EH ! Annette. He must be pushin 40. I wonder if those old guys whine like us when their backs up against the wall. Methinks not. I suspect they hunker down, work and TRY to do their best in a rapidly changing world where the consumers and investors want it NOW. I would'nt write EGGS off yet.

To: Annette who wrote (6349)	1/27/1999 11:16:00 PM
From: James H. Irwin	Read Replies (7) \| Respond to of 8307

Annette, You say his retail stores failed...if you did your homework you know that he brought ROST (Ross Stores...a discount retailer) into Wall Street favor...check the recent stock price/chart. You may be referring to the inability of Egghead Software retail stores to head off the onslaught of the combines of CPU (CompUSA), MWHS (MicroWarehouse) and other superstore/category killer attempting competitors...which is why he went "etail!" Now for some reality...George has eliminated the same kind of demise which would have occurred and is occurring to Borders Group. Check out those numbers today...stock down 3+ and at an all time low...check the RS of EGGS, don't have my IBD at the time I write this but I am sure it is >90. The Revenue numbers were up 77%...what do you want...besides selling your stock at 108, just like all the poor shtheads over on the ONSL thread who spend all their time, like many on this thread do, lamenting over their inability to trade their way out of a wet paper bag.... So, now that you have read through the above...how about some numbers from TSC.com: Shopping Boom Internet book-and-music giant Amazon.com (AMZN:Nasdaq) saw the number of unique visitors to its shopping site jump to 9.1 million in December, a rise of 17% over November numbers, Media Metrix says. Other e-commerce companies with strong month-on-month growth for new visitors include Egghead.com (EGGS:Nasdaq), which grew 48% to 2.9 million,* eBay (EBAY:Nasdaq), which grew 27% to 5.5 million unique visitors, Beyond.com (BYND:Nasdaq), which grew 70% to 2.2 million, and eToys.com, which grew 30% to 3.9 million. Outside the regulars of Internet commerce, Macys.com saw its number of unique visitors jump to 1.3 million, up from 382,000 visitors in November. I haven't taken the time to post much because I felt it was more important to hear from the company rather than a bunch of misguided individuals who might as well use the combined divine intervention one could get from a set of Tarot cards and a Ouija board. What did we see on this thread...guesstimates of 80-90+ million in revs...come on. The one estimate out there was $41 million and the company beat those numbers...didn't blow them away, but if you are in this for a quick pop...try the EBAY thread...just make sure you have one eye open while sleeping and or your fingers poised on the "sell" keys to your online brokerage account. Think about it...today we saw EBAY go up what $3.25 billion...ex-ing out the cash for EGGS (I presume still at 58 million) we get EBAYs increase in market cap...increase only...equal to 8 times the current valuation of EGGS.... I implore everyone on this thread to take a little time to reevaluate the reasons they have a position...whether short or long...and to stop lamenting why they haven't become millionaires some morning...otherwise try your local lotto! CIAO!