E*Trade (NYSE:ET) Message Board

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

ET 16.33

-0.2%

9:30 AM EST

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To: jarvis henkle who wrote (3343)	7/21/1998 10:20:00 AM
From: Oeconomicus	Read Replies (1) of 13953

Jarvis, common this time. Last two trades were options - first Aug 25s, then Jul 30s. Was looking at Aug 30s this morning, but even with the drop in the stock, the premiums didn't drop much, so I just bought the stock instead, at $30 5/8. Might even make it a long-term holding. I think the drop is just nervousness ahead of earnings - Peter F. for example - and as long as they meet expectations the stock will resume its uptrend. If Peter is right and it does drop to 28-29 (I doubt that would happen after today unless they fall short on earnings), I might have to sell something else and buy more. Bob

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