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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?

To: Francis Muir who wrote (7844)	8/1/1999 12:12:00 PM
From: ecommerceman	Read Replies (1) \| Respond to of 13953

Francis--you wrote: "[Todd Shaver's initial] advice [to sell EGRP] may have been quite sound. Where would we be today if we had dumped our EGRP in favor of Telebank on the announcement date?" Well, we would be ahead, obviously--at least in the short term. However, I'm not a trader I'm an investor, and I moved in that direction after losing my butt last year trying to "time" stocks like EGRP. If you can make money as a trader, more power to you. I prefer to invest in quality stocks like EGRP for the long-term and not obsess about the day to day movement of those stocks. The fact that Shaver now sees the wisdom of the Telebank purchase is comforting to me, the movement of the stock in the past few weeks very much notwithstanding...