E*Trade (NYSE:ET) Message Board

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

ET 16.64

+0.3%

3:59 PM EST

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To: ecommerceman who wrote (13245)	4/21/2000 3:18:00 PM
From: eDollar.com	Read Replies (1) of 13953

Right now is, not any ones time time to make up the losses by buying or rotating to ebrokers. If u have any chance of recovering part of the losses, better to play established names which have taken a 50 percent hair cut. Like EXDS, YHOO, QCOM and some which have earnings. EGRP is a good stock but the current environment does not help. If accross all the bright times last quarter etrade/ameritrade cannot rally I think they will ever rally in gloomy days ahead. I am pretty sure the NASD vol will decline and magrin debt will be low. Further lot of brokers will have to absorb margin losses. Shortterm doesnt look Good. I would wather be happy to buy QCOM for a potential 20% gain in 6 months rather than eTrade for potential 50% gain. I am more comfortable with a company that has a good outlook in a BEAR market.

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