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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Instock who wrote (73373)	5/5/1999 11:50:00 AM
From: Baghul	Respond to of 119973

< EGGS > He was on around 10 am. Sounded upbeat about the transition to internet retailing. Also was upgraded Egghead.com Inc.(EGGS: news, msgs) surged 1 7/8, or 14 percent, to 15 3/8 after the Liberty Lake, Wa., company reported better-than-expected fiscal fourth-quarter results. The Web-based software retailer posted a net loss of $12.8 million, or 50 cents a share, while analysts were expecting a loss of 57 cents a share. U.S. Bancorp Piper Jaffray, maintained its "strong buy" rating but lowered his price target to $21 to reflect the relative weakness in Egghead's peer group, shares of which trade at 1.6 times the firm's sales projections for 2000. Among the peers: UBid (UBID: news, msgs), Cyberian Outpost (COOL: news, msgs), Onsale (ONSL: news, msgs), Cybershop International (CYSP: news, msgs) and Fatbrain.com (FATB: news, msgs).