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

ET 17.01

+2.3%

3:59 PM EST

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To: Spytrdr who wrote (13157)	4/16/2000 7:00:00 PM
From: Roger Bodine	Read Replies (2) of 13953

ABC NEWS on TV just had an interview with Joseph Battipaglia of Gruntal & Co. and with Hugh Johnson of First Albany Group. Battipaglia's take on the market is that Monday morning may see a down turn for an hour or so, go back up and close higher at the end of the day. We are in a sound economy and stock market. Hugh Johnson sees a lingering in this low area for a week or so and that the market is doing okay. He feels that Greenspan may increase rates 1/4% rather than 1/2%. With high fuel prices now, 1/2 would be too much. The overall message was of economic good health and no need to panic sell, hold for the long term. (I paraphrased, going from memory).

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