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Non-Tech : E*Trade (NYSE:ET)
ET 16.97+0.1%3:59 PM EST

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To: Duncan Lestina who wrote (12942)4/5/2000 7:13:00 AM
From: ecommerceman  Read Replies (3) of 13953
 
Here's the short-term key to this stock--whether small investors get back in the market, or whether they stay on the sidelines. I don't think either is a given--we'll learn more in the next few days...

"Online brokers could lose out in a prolonged market downturn if nervous investors close trading accounts and stop buying shares, analysts said.
``Some of the weakness we are seeing in Nasdaq could have some follow-through in terms of earnings at capital markets players in the second quarter,' said analyst Andy Collins of investment bank ING Barings. ``With the online brokers, individual investors could get scared out of the market and we could see reduced volumes on stock markets over the next six months.'"
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