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Non-Tech : TD Waterhouse Group (TWE) -- Ignore unavailable to you. Want to Upgrade?


To: Philip Tung who wrote (174)6/19/1999 12:44:00 PM
From: eDollar.com  Read Replies (2) | Respond to of 1413
 
Again I repeat as in other threads, one has to be carefult because of the huge float. If it prices at 24 or less I will take it, but anything more than 25 is a big no. eTrade is a better play at around 35 (with no 60 day restriction) than this ar anything more than 25.

eTrade is a more nimble visionary company than water house. eTrade price should outperform water house in long term. Be careful in getting this one at anything more than 24 unlese you FLIP it the next day. If it goes up by 2-3 points after open, if there is again an Internet selloff it will go below IPO price within 60 days. I was surprised to see Wit Cap got to its IPO price, with such a thin float compared to Waterhouse.