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


To: Wayners who wrote (7416)3/24/1999 1:59:00 PM
From: Kip518  Read Replies (1) | Respond to of 8307
 
Thanks Wayne, you seem to be partial to stop-buys. Have you an entry point or are you already in?



To: Wayners who wrote (7416)3/24/1999 7:54:00 PM
From: stratolink  Read Replies (3) | Respond to of 8307
 
Wayne - I agree with your analysis. As a long player in EGGS, this company's price to revenue ratio is undervalued compared to so-called competitors ONSL, COOL which are just copycats. Further, today's solid support at the 20 level was encouraging, there was no real drop down even at the end of the day when the shortists kick in. Unfortunately, the current intraday high seems like 20.5-21-21.5 and has to be expanded to see run ups to 22-23-24(even if interspersed with certain days when it drops to 18-19) to spur on real moves. Question is how to get the message to Wall street and traders that EGGS is a far better company then ONSL, COOL, etc. EGGS was hurt today by some type of run up of a point or so in COOL, which always draws from EGGS. My prediction--next EGGS run up will require some announcement of just anything positive, some marketing program, etc.