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


To: James H. Irwin who wrote (6385)1/28/1999 10:45:00 AM
From: Anaxagoras  Read Replies (3) | Respond to of 8307
 
<<So...apologies to those thin skinned ones out there...>>

Thanks for the response, Jim. I like it scrappy, so that's OK to say it like it is.

Considering I've botched the trading on this by not heeding the TA warnings, I've had enough pain and bailed on the rest of my position this morning. It's just not worth it in the short term- if it can't climb on a day of euphoria like this, I've had enough for the moment. Too much risk, not enough reward in the very short term; I started losing money on this when I started thinking otherwise. If it turns around, then I'll miss a half dozen points or so; OK, I can deal with that. But there's other stuff I'd rather own right now. I'll keep posting and watching this one intently. Right now I need to step back and get the emotion out by exiting the long.

Anaxagoras



To: James H. Irwin who wrote (6385)1/31/1999 8:22:00 AM
From: bc_mack  Read Replies (1) | Respond to of 8307
 
Your comments on revenue estimates:

My comments on Revenue estimates are that nobody talked to management and until you do that all anyone does is hype peoples expectations and basing them on pure fluff.

Would management ever really comment on revenue expectations in advance of the release of earnings? I can't imagine that they would. Have you ever approached a company's investor relations dept. with a question such as this in the past? How did you approach the question? How did IR respond? Is there a way you can indirectly ask about revenues and earnings, so as to get an answer from which you can infer an estimate? Would analysts (contrasted to individual investors) normally be able to get this type of information from IR?