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


To: Anaxagoras who wrote (7400)3/24/1999 9:15:00 AM
From: stratolink  Respond to of 8307
 
Hi, Anax--Your comments are good. For the moment, the high volume in EGGS trading and the lack of news/volume on the other Internet companies in this group like COOL, ONSL, CDNW(merged) ,BAMM, may just permit a short term run up to 24-25-26, followed by doldrums for a while at 17-19. At least the coverage will result in fluctuations up and down in a stabilized range, rather then just sinking lower every day which happened from early February to early March. But we both agree that long term into fall 1999, EGGS should be able to achieve 26. Also suppressing a run up now is the poor performance of the PC company stocks like DELL. Curious as today (Wednesday) EGGS performance, probably up a bit at the open and then down after 10AM.



To: Anaxagoras who wrote (7400)3/24/1999 9:43:00 AM
From: Kip518  Respond to of 8307
 
Now, if MMs can just hold EGGS in this area for awhile they can unload a lot of those shares they sucked up yesterday (probably from SPO clients). After that, no support.



To: Anaxagoras who wrote (7400)3/24/1999 9:49:00 AM
From: Kip518  Read Replies (2) | Respond to of 8307
 
Boy that was short-lived. I didn't even get a chance to short more above 21. Guess not many folks what to help the dealers unload their inventory. Oh well, perhaps one more run up will get me in at 21 1/2, but that's probably it for the upside today.

OT - watching INKT?



To: Anaxagoras who wrote (7400)3/24/1999 12:01:00 PM
From: Geigartt  Read Replies (1) | Respond to of 8307
 
Re "until the Fall when it's a whole new ball game, "

Whatsup in the Fall?