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Non-Tech : E*Trade (NYSE:ET)
ET 16.97+0.4%Jan 9 9:30 AM EST

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To: Peter Church who wrote (6558)5/25/1999 10:01:00 PM
From: ecommerceman  Read Replies (1) of 13953
 
Peter Church, you wrote: "OK, Ecoman, so maybe I was a little flippant about selling for all your worth."

No, your comment that I thought was crazy was asking if we weren't getting tired of watching this stock go down. Sure, it's gone down some the last few weeks, but for the last six months it's still about a seven or eight-bagger (seven for me). So if you're a daytrader and your time frame is a few days, then sure, you're going to be tired of watching it go down. Unless you're very skilled and/or lucky, you're also going to be very tired of watching your PORTFOLIO go down...

I do agree with you that we're not at all likely to see the unbelievable stock appreciation in the next six months that we've seen in this one. On the other hand, I strongly believe this is a fundamentally sound company in a paradigm-shifting business, and I'm going to hang on to my shares (unless I'm convinced that something has profoundly changed) for a long, long time in the future...
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