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Non-Tech : E*Trade (NYSE:ET)
ET 16.52-0.2%3:08 PM EST

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To: thomas odonoghue who wrote (7686)7/19/1999 12:56:00 PM
From: Dalin  Read Replies (2) of 13953
 
This is a great company, but the timing for a run up is terrible. We are in the middle of earnings season, and nothing but a FEW select stocks are climbing fast. This market is too skittish to run up much. Who wants to be left holding the bag at the top of the market rise when earnings are almost over. And we have nothing but the typical fall selloff ( at least the last couple of years )and y2k to look forward to. Obviously all IMHO. I'm not confident enough of this to short any stock, but I am remaining mostly cash to hopefully pick up some major bargains in the months ahead. This company is one that I will be accumulating. I just don't see it doing much in the way of runups untill we get near or past the end of the year. If it does, fine, I am long some shares.

It was a excellent earnings report, and this one will fly...someday.

BTY!

D.
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