E*Trade (NYSE:ET) Message Board

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

ET 17.01

+2.3%

Nov 14 9:30 AM EST

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To: Spytrdr who wrote (13075)	4/12/2000 11:45:00 AM
From: Mark Iguchi	of 13953

"What is a fair value for a co. with no earnings? EGRP will get a higher valuation when it has some earnings" In the conference call, it appeared that Costakos reaffirmed his committment to the bottom line (profits) after reaching his goal of profitability three quarters early. Wow, profits! Now we can start trading at 300,500, even 1000 P/Es like the rest of the Internets! Really an upbeat conference call, how can anyone long be selling now? Is there another company out there better positioned in this space? E*Trade is even out accelerating Schwab in revenues, account growth, commissioned trades, and movement to become the financial supersite. The only thing that hasn't caught up is the stock price. Well, I'm still holding.

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