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

ET 16.49

-0.1%

3:59 PM EST

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To: Spytrdr who wrote (7899)	8/4/1999 1:11:00 AM
From: Jeff Sutton	Read Replies (1) of 13953

FWIW, James J. Cramer on EGRP's stock in YAHOO chat this evening. vizsla_fan asks: Was the selloff in the ebrokerages today overdone? Creme_Delacramer: I think that the First Boston call that knocked them down was not a shocking call. Creme_Delacramer: But these stocks are in just terrible, terrible hands. Creme_Delacramer: They are owned by heavily margined players. That means they can be dangerous. I said earlier that EGRP could be a coiled spring because it has been compressed so fast, but it cant rally until all of the margined players are kaput.

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