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Strategies & Market Trends : Stock Crashes

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To: Udo W. Perkuhn who wrote (339)2/21/1997 10:18:00 AM
From: Leo C. Bouchard   of 400
 
Ztec's earnings came out and the stock dropped initially 2 1/2 points. Fourth quarter was a little dissapointing. The stock is rebounding a bit each day and is now back to 14. Do I like it? Made a lot of money last year with it and I have remnants of the stock left over. What I really have been watching is ETRADE (EGRP). This one could take off. Lombard who has recently been bought by Dean Witter, is now offering trades for $14.95. They are obviously targeting ETRADE to get some of their explosive market. ETRADE is adding more charts with Jave-based software and it could get interesting. What I'm ultimately hoping for is a buy out of ETRADE by a major brokerage house. CASH is KING. Still sitting on the sidelines and waiting. Leo
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