E*Trade (NYSE:ET) Message Board

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

ET 16.97

+0.4%

Jan 9 9:30 AM EST

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To: Live&Learn who wrote (3095)	7/9/1998 6:37:00 PM
From: Bikergirl	Read Replies (1) of 13953

You are correct. I did predict it would hit 15 before 25. It has not, however gone significantly above 25. I predict a pullback tomorrow. Range, as you know, has been 21-26 for months. My belief is the breakout of this range will occur on the downside first. Let me clarify my IPO comment. What I meant to say was that the really hot IPO's, the Yahoo's & the Inktomi's, the ones that will double or triple at the open, are the ones you will not have access to through the discounters. I believe NETG was fairly flat, and maybe even down, the first day of trading. In that case, there was no advantage in getting it as an IPO. You could buy it on the secondary market for the same or cheaper. Congrats on the NETG purchase. I would dump that puppy, though. Its technology is obsolete. Wait until the shorts come out.

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