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

To: Raven McCloud who wrote (7243)3/18/1999 12:51:00 PM
From: Sgt. Stockpile  Respond to of 8307
 
I have been in this stock for the past 12 months. IMHO this is no longer the stock to short. With 3 major investment banks touting it with either a BUY or STRONG BUY, the old EGGS is no more.

Short Term: I'm out before earnings. Eggs will probably be compared to last year when it still had Brick & Mortar stores. If I'm not mistaken, 1 year ago, EGGS had $74.5 million in revenue that quarter. I don't think they'll be near this mark. But starting with the following quarter, EGGS will be validly compared with the same business model year over year. I believe in the following quarter EGGS had: $29.5 million and -.24/share. EGGS CAN beat this next quarter.



To: Raven McCloud who wrote (7243)3/18/1999 12:53:00 PM
From: Kip518  Read Replies (1) | Respond to of 8307
 
Kip, one factor you might be forgetting is there's a whole new batch of shorts coming in at 21 or so

Raven, I'm not forgetting. You keep doing that and they'll just keep coming after your fanny. Short squeezes are not fun for shorts. If you have to short EGGS, do it on the gap-up opening tomorrow. That's when the show is over for a while. Kip


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