E*Trade (NYSE:ET) Message Board

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

ET 16.64

+0.3%

Nov 13 3:59 PM EST

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To: Oeconomicus who wrote (2528)	3/13/1998 3:57:00 PM
From: Don Westermeyer	Read Replies (1) of 13953

Bob, It's been a while, but the last time I looked EGRP traded at substantial premiums to the brokerage industry average. Most traditional brokers trade with a P/S < 1 and P/E near 10-15. EGRP has a P/S of 5 with a P/E near 40. Looks like the stock is going under $20 again. Lets see what the bull say now. (Still think EGRP is a good i-net value, but doesn't mean much with YHOO trading at 50X sales).

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