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

To: 2MAR$ who wrote (8978)	10/20/1999 9:43:00 AM
From: WallStBum	Respond to of 13953

If it was already mentioned I apologize. Was just going to pass along that both EGRP and TBFC were written up in Monday's issue of Dick Davis Digest (http://www.dickdavis.com). The source author of the writeup is none other than Michael Murphy! Curiously, he did not advocate the direct purchase of EGRP even though he highlights their continued and projected growth in accounts, etc. But rather he suggests buying TBFC which he reminds us has a tremendous growth story of their own taking place. While the deal is very likely to happen, if it doesn't, you still have a terrific stock. And as he points out since the announcement the 2 stocks have traded lockstep. During this time OLB's have been beaten down, which has made TBFC very cheap on a relative basis for what is at the end of the day, a bank. Not my strategy but interesting nonetheless. Was kind of cute, he thanked Wall Street for hating these stocks and providing such a terrific buying opportunity. dax