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

To: Kip518 who wrote (7737)	5/25/1999 9:00:00 AM
From: John Madarasz	Respond to of 8307

Kip518...... Thanks again for the good posts and insightful info. Things are tough and getting tougher. Unfortunately I don't subscribe to TSC so I missed out on that stuff...I'm sure there is some interesting content. *You wrote* "I said some time ago ...that EGGS appeared to be retracing its fall-off pattern of the first spike in the second. That suggest EGGS will be retesting old lows some time this summer...I don't see anything yet that contradicts that view." I have to agree with you here also. Looking at a one year price and volume chart it seems EGGS has about a 4-5 month accumulation phase history; that would put your predictions right in line. If you are a long (like me) the time to accumulate, or dollar cost average, would probably be sometime in late June around $8 or so. Summer meltdown indeed...Great choice of words! Best of Luck, John (my wife takes great pleasure in teasing me about my ambitious e-commerce investment...you gotta laugh to keep from crying!)