E*Trade (NYSE:ET) Message Board

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

ET 17.35

-0.6%

Jan 16 9:30 AM EST

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To: Robert Giambrone who wrote (3050)	6/24/1998 10:15:00 AM
From: Steven White	Read Replies (1) of 13953

I made the jump & purchased 9500 shares this morning at 21 1/16. I had been trying to get back in the stock at 20, but it did not seem to want to get that low again. I hope they have a good quarter or it may see the 20 marker, my guess is the quarter will make the numbers and it will move up a few points and has great potential to go much, much higher. Here's what I like and why I purchased. 1)Widely known brand name - a leader in it's field 2)World wide expansion 3)Continual technology upgrades and website upgrades 4)Polite service 5)Outstanding growth opportunities in the fastest growing segment of our economy, the internet 6)Last but not least, potential takeover candidate Also to note, I placed order at 9:33 at market & it took 5 different buys to execute the full 9500 shares, which means only small blocks of shares were selling. A key I look for in buying a stock is if the stock moves up on heavy volume, this is a good sign. If it moves down on low volume it is a good sign. Etrade usually moves up on heavy buying & moves down on lower volume days.

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