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Non-Tech : E*Trade (NYSE:ET)
ET 16.43-0.5%11:56 AM EST
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To: thomas odonoghue who wrote (12694)3/21/2000 6:19:00 PM
From: latestswami   of 13953
 
Tom,

Though I agree with gist of your message. I think three things are likely to lit fire under EGRP ass :

1) IF EGRP being added to S& P 500

2) Account Growth and asset accumulation

3) Ameritrade or some of the other OLB's being acquired by so-called Brick and Mortar firms with some good premium.

Of the three I am under opinion that 1) and 2) have highest probability of occuring.

Also the problem is this : Some media publication pouring cold water. Remember last week EGRP moved up nicely. Then this monday WSJ poured cold water.

Also street has a self-interest to make sure that some of the OLB's does not become some kind of runaway brides.

Thanks
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