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

ET 16.80

0.0%

Dec 8 3:59 PM EST

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To: Green Receipt who wrote (6864)	6/4/1999 2:43:00 PM
From: WhySoSoon	Read Replies (1) of 13953

The sector is now discounting the entry of the old guards. I have expected this situation many moons ago. In investing, I have to come to expect the likely and unlikely scenarios down the road and sort of expecting what happens into the future. If I only look at the current situation, I will not prepare for the sudden shock. Having said that, I see EGRP will do well in the long term especially now it starts to diversify and to build a global integrated financial center. Their future income stream will not depend on on-line trading but there will be many other sources of income. After all, we have to ask the same question: where is the beef? All the big financial institutions were small potatoes when they started. Because of a favorable environment and good vision, they get bigger. EGRP is now in the same situation. Relax as long as they execute their plan well. So far, it is on course.

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