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Non-Tech : E*Trade (NYSE:ET)
ET 16.45-2.5%Nov 7 9:30 AM EST
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To: Spytrdr who wrote (13616)5/8/2000 10:30:00 AM
From: SLSUSMA  Read Replies (1) of 13953
 
Perhaps I overestimated you intellectual capabilities. SCH will have high a P/E because it is considered an internet company that makes money, even with growth. E*Turd, however, is considered an internet company that blows through money along the lines of ValueAmerica. You keep saying that E*Turd is growing by the virtue of its sales ratio and how undervalued it is based on its sales growth. However, ValueAmerica also grew exponentially based on its sales figure. Too bad the company (like E*Turd) spent the money to match, and thus could not make money. And look what happened to that stock price after the euphoria. Reminds me of E*Turd.

You see, in this new internet age, a e-company that makes money will be valued much higher than a turd like EGRP that blows through cash.
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