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Non-Tech : E*Trade (NYSE:ET)
ET 16.56-0.5%12:28 PM EST
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To: larry who wrote (2623)3/20/1998 12:11:00 AM
From: Don Westermeyer  Read Replies (1) of 13953
 
Larry,

I was short E*Trade at $40+, but not now. IMO the stock is fairly valued as long as earnings growth keeps constant.

I actually have more long positions than short, but mostly in stocks with PEG values much less than 1.

I was thinking of going long EGRP when it was at $25 and writing a covered call since the premium was high, and as I said the stock seems fairly valued. EGRP is a hell of a lot better deal than most (if not all) i-net stocks.
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