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Non-Tech : E*Trade (NYSE:ET)
ET 16.51-0.8%Nov 21 9:30 AM EST

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To: Bikergirl who wrote (2948)5/26/1998 8:30:00 PM
From: Dragonfly  Read Replies (1) of 13953
 
My point wasn't to try and convince you not to short EGRP. I'm just interested in pinning down your reasons.

Schwab is well established. I thikn Etrade is trying to be on the same level with them, rather than below them getting squeezed.

One thing I think is going on is that Etrade kinda created this market, got a lot of people rushing to online brokerages. Now that here is competition, people are leaving etrade for the others... I think the others really suck a lot, and that they will be comming back to etrade soon, but that process just hasn't started yet.

Dragonfly
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