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

ET 16.71

+1.6%

3:59 PM EST

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To: Volsi Mimir who wrote (2673)	4/2/1998 1:51:00 AM
From: Shi	Read Replies (2) of 13953

Eddy, I did a search of the Edgar. Gee, what I found really surprised me. Fidelity has a 10.55% ownership of EGRP. This plus T.R.Price, Firstar (don't know what it is), and a couple of other investment LLP accounst for 45% of the stocks. Fidelity alone seemed to have increased their position by 2% in Jan. These are only institutions with more than 5% ownership. I don't know how much the insiders own, presumably quit a bit (more than 10%?). I wonder whether the insider selling was arrange to sell to some of these institutions. It looks like the big boys are in. This can be both good and bad. If they dump, we small boys will be in deep sh*t. Let's pray E will make its number. Shi

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