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


To: klinetime who wrote (7434)3/25/1999 7:20:00 PM
From: Raven McCloud  Respond to of 8307
 
Ha, your right Kline, I just assumed my order
was filled after seeing the high for the day
without checking my order status.

Shucks!



To: klinetime who wrote (7434)3/26/1999 8:30:00 AM
From: Kip518  Read Replies (2) | Respond to of 8307
 
Good morning thread. With EGGS failing to explode with the NUTZ yesterday, it is again time to ask where is the bullish case on EGGS?

News on CNBC this morning is that AMZN is going start its own auction business (to be announced by AMZN next week). DELL has just joined the ever expanding group of software retailers on the web. Buy.com is said to beat everybody's prices. EGGS can only buy analyst's recs and even then R-S's Keith Benjamin's could just barely bring himself to described it as the firm's rec. He clearly did not say that it was his own. Steve Harmon apparently remains uninterested in EGGS. No other (unbought) firms or big-time internet analysts have even mentioned EGGS.

EGGS was a failing retailer who in the ordinary course of things would have ended up as empty storefronts in the malls. It has managed to sustain its life a little longer in the virtual world because it was early and there was novelty in the attempt. Sure it's got name recognition. Folks in this area of the country also remember Crazy Eddies and Nobody Beats the Wiz -- both long gone.

I covered my short on Wednesday (with only 5/8s gain) when it became clear that some support was holding it at 20. However, contrary to the bullish sentiment re-emerging on the thread, yesterday's limp action and the emerging monster competition for EGGS tells me that the stock still has to played from the short side.