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

To: Shtirlitz who wrote (6350)	1/27/1999 4:59:00 PM
From: Scott Williams98	Read Replies (2) \| Respond to of 8307

Next support is $14.50... If we don't get any good news quickly, I'll look for EGGS to trade at the $14.50 level (support) until we do get some (good news, that is). The Yahoo! board is such a great contrarian indicator. I mentioned a few weeks back that there were many, many posts by very unexperienced "gamblers" that they would be "rich" soon because of EGGS...of course, these people have a time frame of about 1 month, IMO. When you see that 90% of posts are hype, it's a good idea to sell into it. WORKS ALMOST EVERY TIME... Now we see the tide is changing amongst these same people..."EGGS is done" "EGGS will be at $5.00 soon.." etc. Guess what that means?? You guessed it! Many predicted that the new EGGS would be compared to the "old" EGGS. Sure enough, that's what happened. The only real concern of mine is that work on improving those margins. If they can keep margins under control, the future looks bright. I reaaly like the @Home and DOubleClick alliances... Best of luck SCOTT FWIW, I sold majority of position as I feel that VERY short term EGGS has a good chance at seeing that support because we are now below the 50 DMA (although I'm prepared to dive right back in at signs of reversal). I'm going to try and make that money work a little bit (bought CDNW today...GULP).