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

ET 16.35

-0.8%

1:14 PM EST

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To: Spytrdr who wrote (7209)	6/16/1999 5:20:00 PM
From: WhySoSoon	Read Replies (2) of 13953

Today CPI # does suppress the fear for awhile. People don't get used to low inflation environment for such a long time. The majority of human mentality is always too much worry. I also think one set of data is inconclusive and we need to see more economic data. I also express that the advancement of technology maintain similar profit margin by reducing costs (e.g. middleman and replacement of labor by cheaper capital goods). I total agree with you, over the long time providing E*Trade executes its plan well, we should be fine. In the mean time, enjoy the free roller coaster if your heart can prevail. I reiterate that the Lehman price target is very much achievable.

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