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Non-Tech : E*Trade (NYSE:ET)
ET 18.24+1.6%3:59 PM EST

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To: Baghul who wrote (3206)7/13/1998 11:19:00 PM
From: CanynGirl  Read Replies (2) of 13953
 
You are forgetting that 80% of the float is owned by institutions. All it takes is a little volume and there is a short squeeze like we've never seen before.

I did see the WSJ article and they make a valid point. Just think if EGRP traded 10x book value ($12). That is just so hard for me to fathom, but is realistic.

They do make money.
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