E*Trade (NYSE:ET) Message Board

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

ET 16.51

-0.8%

Nov 21 9:30 AM EST

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To: Gil Gilbertson who wrote (4182)	1/10/1999 2:04:00 PM
From: ED S.	Read Replies (2) of 13953

Last Quarter the losses were .13 a share even if the numbers are better than expected there will still be a 100% loss increase from last quarter. If the shorts and the hedge funds want to take the price down for the next run there couldn't be a better opportunity. Long term I like EGRP but being long over the earnings announcement might be a mistake. We are due for a sell off in the tech sector which could also have an effect on the stock. As far as I know Piper Jaffries hasn't raised its target price of $46 per share. Difficult to call but from Friday's sell off from 74 to 67 we could be headed down in the short term. IMO WhaT do you think! BEST, ED

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