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Non-Tech : E*Trade (NYSE:ET)
ET 16.35+0.2%3:41 PM EST

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To: CanynGirl who wrote (3126)7/11/1998 7:52:00 PM
From: Oeconomicus  Read Replies (2) of 13953
 
I didn't realize EGRP was so heavily shorted. 8.1 million shares in June.

Thanks for reminding me. I knew there was something significant I was leaving off my "why I like EGRP right now" list. That 8.1 million, BTW, is ten times the avg daily volume.

The big question now is how far this news and the short interest can carry us. Realistically, I mean - I used to be a bear on EGRP and it has many doubters still.

I also wonder whether this is why they are reporting later than usual. Are they saving up more good news to give it a second wind when the Softbank excitement fades? Would be nice to get a firm reporting date.

Bob
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