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

ET 16.45

-2.5%

Nov 7 9:30 AM EST

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To: LABMAN who wrote (9880)	12/14/1999 9:20:00 PM
From: Scott Violette	Read Replies (3) of 13953

Labman, I wish that EGRP would go to $40 also but, there are a lot of options that have to unwind in the next three days. There will be tremendous pressure to hit $35 or $30 by Friday to cancel out and unwind most of the options expiring. Based on today's action, it looks like $30 but, .. If there is no story or big news event, option expiry will be the "tail that wags the dog" for EGRP trading going in to Thursday PM and Friday. Use it to your advantage. Buy if you think EGRP is low due to options pressure. EGRP's options are juicy. Is there anyone out there selling or buying them?

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