E*Trade (NYSE:ET) Message Board

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

ET 17.35

-0.6%

Jan 16 9:30 AM EST

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To: Bob Duncan who wrote (6157)	4/21/1999 12:49:00 PM
From: ecommerceman	Read Replies (2) of 13953

Interesting question about valuation--it seems to me that there are still fundamentals for companies like ETrade, just that they're not the same ones that are traditionally used for most companies. ETrade's report yesterday showed absolutely outstanding fundamentals for account growth, trading growth, investor equity, page views, and money spent per new account. I wrote a couple of weeks ago that I thought that EGRP was over-valued, but after reading the press release yesterday I'm not sure that I was right (admitting, however, that the answer depends on one's time frame). If E*Trade can keep up this pace for even a few more quarters, it's going to be a monster.

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