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


To: zax who wrote (6862)2/19/1999 10:32:00 PM
From: Scott Williams98  Respond to of 8307
 
Funny how the posts tend to dry up with the volume!

I know, it's no fun talkin' about a stock when it's going down..<g>

Well, here's some charting analysis on EGGS (with help from a charting web site)...

bad news: we're still in a small sym. triangle (began on Feb 1st trading range $15/16-$20). We're heading into the small corner (>) which is when stocks tend to break DOWN (which is exactly what we're doing)...major support at $15.00 just like last time.

good news: EGGS is trading in a VERY LARGE descending triangle (which started around Dec. 1st)...if these "I get no respect, I tell ya!" EGGS can get a little coverage or other lasting good news, EGGS just might be able to pop through that $21.00 resistance level, which in turn could shoot us right through that old $26.00 resistance with the short interest that's in place. Frustrating to think what COULD be, eh?

Best of luck SCOTT

PS I like that EGGHEAD banner for software right on the front page of MSN.COM



To: zax who wrote (6862)2/20/1999 9:56:00 AM
From: re3  Respond to of 8307
 
Well, Zax, nothing is so simple...

First of all, I feel like playing the Donald is like sleeping with a firearm under my pillow...We have a commercial for mutual funds where the guy asks about mutual funds and he is instructed to put his head in a vise. The vise is cranked while the salesman spews his stuff...

If the Donald is such a good bet, why not hold it...Selling it in the fours seems silly if you think its going to 15 or 30 or whatever...Further, I did make dough from 3.375 to 4.375, sold it, bought back at 4.75 and 5.375, and sold at 5.50...Then, stupidly I thought I'd miss out a 10 or 15 dollar stock so I bought back at 5.75 and more at 6...I rode it thru xmas and watched it go back to 6, then back to 4 1/8. I gave up at 4 1/8...I felt like the guy in the vise...
What is this nonsense about donald selling his castle to the djt...
How can I verify Gabelli owns this thing...He has made loser picks lately anyway...Why is Rosario slammed all over si...He even has a thread about him...Why is the Donald sellin' pizzas for pizza hut...
Should we see if he can get additional parttime work in a carwash if he needs money...I've decided if I see nonsense, smell nonsense or h ear nonsense, I exit...Unfortunately for me I ended up losing on this thing...How was I supposed to know it would top out at 6 anyway...
Its awesome how much people slam djt...Maybe, just maybe, they are, you know, right ?

AS far as ktel...Playboy was the better buy...anyway to think that they'll make money selling retreaded 50's music and slicers and dicers on the net is ludicrous. Who doesn't have their share of 50's music by now, only 4 decades later ? Playing a stock for a short squeeze and winning is great for you, but very dangerous generally...

I think you also have a 'problem' with the motley fool people. Did you do all of those posts for fun ? Is that your idea of fun,really. You know they aren't budging on djt, yet anyway...They probably won't cover their short till or if it goes to 10 or 12...Some of your comments on their boards struck me as potentially getting you into trouble. I don't want to see anything happen to you. I agree that they are a bunch of you know whats...however...How are YOU any more qualified than they to pick stocks...You may be with eggs or stac,with your computer knowledge but what are your qualifications to deal with complex issues like djt...

I am keeping 100 shares of ktel and 15 june 10 calls on the djt...Maybe I'll see something out of it all, but probably, the calls will be worthless and ktel will go broke or back to 6...

But thanks for trying...

Howard