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Non-Tech : E*Trade (NYSE:ET)
ET 17.950.0%Jan 27 3:59 PM EST

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To: fut_trade who wrote (3202)7/13/1998 11:15:00 PM
From: Baghul  Read Replies (2) of 13953
 
Compared to the other online brokerage stocks, EGRP looks like a bargain. Compare the Price/Book ratio (a good measure for internet stocks since most of them don't have earnings)

AMTD 10.2
SCH 8.23
EGRP 3.35! ONLY

Another interesting point is that

Outstanding shares 39.3 mil

Insider shares 9.1 mil
Shorted shares 8.2 mil

Total locked shares 17.3

That leaves us with 22 million shares give or take a few. Today it traded 8 mil shares. With such a small number of shares available for trading, I would not be surprised to see EGRP trade close to 20 mil shares tomorrow. We'll see if we can hit the 52 week high.
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