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

To: Kip518 who wrote (7081)	3/10/1999 11:59:00 AM
From: Scott Williams98	Respond to of 8307

You're right Kip, but more importantly is the $15.00 support level. $15.00 is where the bottom of that HUUUUGE descending triangle is. EGGS needs to hold that support if it has a chance of making a run in the near term. I'm holding and watching closely... If EGGS makes it past $16.50, I'd sure want to be in EGGS for the ride. Best of luck SCOTT

To: Kip518 who wrote (7081)	3/10/1999 12:00:00 PM
From: James H. Irwin	Respond to of 8307

What PR machine are you referring to. You are a bigger PR machine than anybody I hear from...and most of your comments are pure propaganda. I know salesman at both Hambrecht and Robbie Stephens and they've got so much on their plates they just go out and make sure their customers know about the meetings, research updates and new recommendations. I'm waiting for you to go start a Bearish on EGGS thread.

To: Kip518 who wrote (7081)	3/11/1999 5:45:00 PM
From: Anaxagoras	Read Replies (1) \| Respond to of 8307

To all: In the amended S-3 filing today they had the following to say, FWIW: <<Egghead.com will receive an estimated $69.7 million in net proceeds from the sale of 5,000,000 shares of common stock offered by us ($80.2 million if the underwriters' over-allotment option is exercised in full) at an assumed public offering price of $14.88 per share, after deducting underwriting commissions and discounts and estimated expenses. We will not receive any proceeds from the sale of common stock by the selling shareholders.>> The price of the stock quoted in the filing was based on yesterday's close, $14.88. IOW, they are making it sound as though the shares are not being sold at a discount. This strikes me as unusual. I haven't followed the nitty-gritty of a SPO before- is this the way the S-3 usually reads and yet a discount is given anyway? I understand that in a SPO the buyers usually do get a discount, so I'm a bit puzzled here. Anyone? Anaxagoras