E*Trade (NYSE:ET) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : E*Trade (NYSE:ET)

ET 16.80

0.0%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: j_b who wrote (5229)	2/17/1999 9:45:00 AM
From: Oeconomicus	Read Replies (1) of 13953

Did anyone on this thread accuse EGRP management or Gen'l Atlantic of insider trading? I think not. It is not illegal for an insider to sell a stock simply because he/she thinks the well known risks outweigh the potential rewards or that valuations have gotten too far ahead of the well known fundamentals of the company. It is not even illegal, I believe, for them to sell if they are concerned that recently disclosed problems could have a detrimental effect on new account growth over the next couple qtrs. We don't, of course, know why any of them have sold. We can only speculate, but I haven't heard any EGRP bears speculate that the selling was based on material non-public information. Bob PS: To mod, I can't comment on the quality of Citi's brokerage services in the past. I'm sorry you had a bad experience. I was simply pointing out that there is competition out there that could have significant marketing advantages over EGRP in its drive to become the leading financial portal site. Besides, now that Citi and Travelers are one, it seems reasonable to expect significant improvements in their service.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next