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Technology Stocks : eToys Inc. (ETYS) -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (665)	9/5/1999 2:24:00 AM
From: Maarten Z	Respond to of 1330

Thanks Susan - Though actually I was referring to the Sept 6 edition which I mistakenly thought was the most current. I forgot that they are 1 week ahead and the latest is the Sept 13 edition. It was just a small blurb where the writer was comparing several large brick and mortar companies going online and competing against the companies like AMZN and ETYS etc. This was in regards to the toy biz: "But the entrenched E-tailer, eToys (ETYS), will be hard to beat. It could grab as much as $100 million in sales this year, analysts figure. 'etoys is setting a high standard for excellence and customer experience that will become increasingly difficult for others to compete against,' says analyst Lauren Cooks Levitan of BancBoston Robertson Stephens Inc It would seem obvious that ETYS should go up as holiday season approaches. The question is whether to get in now or will there be a better (lower) entry point. Fridays rally was nice but the specter of Octobers FOMC meeting and potential rate hike will hover over the market and the possibility exits for a significant selloff some time before then. I have taken a 50% position already but will wait for an opportunity to average down. MZ