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Non-Tech : E*Trade (NYSE:ET)
ET 17.01+2.3%Nov 14 9:30 AM EST

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To: let who wrote (5811)4/7/1999 4:12:00 PM
From: ecommerceman  Read Replies (1) of 13953
 
Let, yeah, it's unbelievable. I was in and out of this stock for more than a year, and it didn't do anything much but trade in a range between 20 and 30; I thought it was damn near dead money (when I was in it), and when it dropped to 10, I couldn't believe it. Now look at it...

I'm still amazed at it's growth--it spooks me a little, because it's come so ridiculously far so quickly. If I were a daytrader, I'd probably sell now; on the other hand, if I were a daytrader I'd have sold long ago and be slitting my throat now in frustration as it's gone to the moon.

The capital gains 12 month rule is a good discipline, though, as it certainly gives folks sitting on a pile of gains a reason to hang on to the stock...
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