Online Broker Down - Sue 'em - EGRP, JBOH, AMTD, SCH, NDB Message Board

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Non-Tech : Online Broker Down - Sue 'em - EGRP, JBOH, AMTD, SCH, NDB

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To: tfox who wrote (176)	2/22/1999 12:22:00 AM
From: Typhoon	of 253

D E Shaws sells their internet trading unit to Merrill Lynch for I believe $25 million. Now if I am not incorrect, these stocks have multi billion dollar market caps. The valuation disparity is gaping IMHO. I think they go lower. They will probably drop when these neotechnologically empowered rookie investors can finally get their trades executed. Face it, who bought and who owns these stock anyway? I bet the average guy who owns AMTD or EGRP also owns AMZN, Yahoo, DELL, MSFT... Ouch! I suspect account openings and activity will slow as this internet bubble continues fizzle. You bet I own puts!!

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