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

To: Norman Klein who wrote (6391)	1/28/1999 12:11:00 PM
From: Anaxagoras	Respond to of 8307

I originally thought about ELNK as a short about 18 months ago- then the CEO used to visit that thread, and I found him to be so convincing and a great guy that I went long. But they made a few mistakes back then that I didn't like, and they looked like rookies (their old CFO wasn't too hot, IMO). So I sold for about 15% loss; I sold at about $8 pre-pre-whatever split! Ugggghhhhhh! However, it was a good trade in the sense that I took my lumps and my reasoning was sound- they made two really basic mistakes at the time (not worth going into). At the moment, when you asked, I was looking at online auctioneer Greg Manning. They just reported- they are profitable, have a market cap of $87.6M (using today's high price of $14.50), had quarterly revs of $10.8M, and so trade at 8x this quarter's sales- compare that to EGGS which trades at 10x. The stock has a nice small float as well. Just thoughts at the moment. I doubt I'll buy. I've tried to short a bunch of things today but nothing worked out. Anaxagoras