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 16.57

-1.5%

Dec 2 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SLSUSMA who wrote (11702)	2/16/2000 9:59:00 AM
From: BWAC	Read Replies (1) of 13953

<but meanwhile, the rest of the random stocks in the NASDAQ doubled, at least...> Absolutely WRONG. WRONG. WRONG. Every "other" randomly selected stock has not doubled. The NASDAQ average has. But one can hardly call that index an AVERAGE, when 10 stocks make up 75% of the average and the other 1000's make up the rest. (I will cite a source later) Many, many good companies are valued like crap. While certain investors and fund managers chase performance at any risk. 99% of those stocks that doubled, as you say, will flame out and pratically disappear within 5 years. Because they are crap companies, valued on hype, .com mania, analyst baloney, and the greater fool theory.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next