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

To: Rutgers who wrote (6378)	1/28/1999 9:13:00 AM
From: williet	Respond to of 8307

Boys and Girls: I am not a large investor in EGGS, however, I have watched CEO's in other tech companies turn them around on a dime when the demand for their product was there. They formed strategic alliances and worked former relationships to the companies advantage. I will give you an example, EMC corp., I bought EMC at 17.5 in 1995 when it was a fledgling company trying to make payroll for its employees. The characteristics that EGGS shows and EMC has are quite similar, EMC had to overcome the behomth IBM and they did. EGGS has its own credibility problems and the leadership will over it. The demand for the product is only going to skyrocket in the future as it has with EMC. I have a small long position that will build as the company increases in visibility and strength and once again in three years I will looking at a solid 200.00 stock--after splits, similat to EMC. This is not a stock to get rich quick on, it is definitely a stock to sleep at night with and get very very rich slowly with. THe underpinnings for success are all there let the management do their job of alliances and relationships and the cards should fall into place. IMHO Bill Taylor