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Jim,
Coincidentally I too have been tracking EGGS and took positions.
Currently holding Sept 10 Calls (caught it the day it went past 10
on its way to 28}.
"Time will tell" very soon indeed; EGGS will report officially on Tues Aug
4.
The market will have a second crack at valuing its prospects then.
Regards.
STAN
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> From: Jim Greening <JimGinVA@xxxxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: EGGS
> Date: Wednesday, July 22, 1998 6:14 PM
>
> Harley,
> It could be. I've been wrong before <G>. I did open a position
> in EGGS this morning. Got half at 22.375 and the other half at
> 22.875. Time will tell.
>
> Jim
> -----Original Message-----
> From: Harley Meyer <meyer@xxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> Date: Wednesday, July 22, 1998 12:27 AM
> Subject: Re: EGGS
>
>
> >Jim,
> >
> >A friendly amendment. I also think that EGGS is a
> >good choice but I think the timing is not all that
> >good. In particular since the market environment
> >isn't good and EGGS was as high as 24.25 and
> >closed at 22 today. If it gaps up wait. If it gaps
> >down more than a point it might be worth a buy.
> >
> >Even if you look at JF, which is 23.0417 for
> >Wednesday. It is in a hurdle phase. The weekly JF
> >for this Friday shows that EGGS must close above
> >32.083 to keep the current trend. Anyway my two
> >cents is your timing is a little off.
> >
> >Harley
> >
> >Jim Greening wrote:
> >>
> >> All,
> >> I just put in an order to open a position in EGGS. I've been
> >> wanting to find a good place to get back in every since I was
> stopped
> >> out of it. It's in the bottom half of its Short Term Up Trend
> Channel
> >> and looks like it's moving up from a low last Tuesday and
> Wednesday.
> >> Since this is a very volatile stock I'm only going in for half the
> >> amount I had before. I'll set my mental stop just under the low
> and
> >> the STUTC at 18 3/4.
> >>
> >> Jim
>
>
>
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