E*Trade (NYSE:ET) Message Board

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

ET 16.80

0.0%

Dec 5 9:30 AM EST

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To: blake roberts who wrote (5044)	2/8/1999 5:26:00 PM
From: Nandu	Read Replies (2) of 13953

ETrade indeed had some bad news recently. Also, the whole Internut sector has been taking a hit recently. However, I believe that there will be more good news coming out of ETrade with respect to account acquisition, trading volume etc. Also, from a technical point of view it is not yet time to turn bearish on EGRP. The stock is currently at the top of the pre-split levels. The uptrend line starting 12/18/98 has not yet been broken and the recent decline has been on declining volume.

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