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


To: Raven McCloud who wrote (7330)3/19/1999 12:02:00 PM
From: Anaxagoras  Read Replies (2) | Respond to of 8307
 
<<Anax, you still entrenched?>>

You betcha; but I'm probably not the typical short.

If the day were to end right now we would have an ugly dark cloud pattern on the candlesticks- but then again, the whole point of candlesticks is that you need a close, and not an intra-session move, so I don't take that seriously. Anyway, if the SPO buyers have now blown out their positions (hell, they almost had a double in a few days!), then it's back to normal trading with this, but now with a larger float.

FWIW, it's not worth thinking about the all time high of $40 like that one rec mentioned- think about market caps- to get to that 52 week high market cap the price would only have to go up to about $33 by my quick rough calculation.

Anaxagoras



To: Raven McCloud who wrote (7330)3/19/1999 12:31:00 PM
From: Huckster  Read Replies (1) | Respond to of 8307
 
I think when the NASD gets back into positive territory EGGS will start to move back up.

What do ya think?