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

To: Spytrdr who wrote (8994)	10/20/1999 3:33:00 PM
From: BWAC	Respond to of 13953

<PHONE.com is a case in point> I hear you. But thats just one of many such examples. Joe Average Investor has no idea what the hell he's doing. He's just making money and thinks he's smart as hell. But risk control or lack thereof will eventually catch up to him. It may be 200 or 500% later. But excessive risk always comes home to roost eventually. But oneday the plug is going to get pulled. Unfortunately it will take the legitimate stuff down the tubes too. <who's paying $ 7 BILLION market cap for that ridiculous company with 14 million in annual revenues?> Very short sighted. There are many many companies with actualk real hard tangible assets and cash and worldwide sales backing the stock price, that would kill to have a 7 Billion market cap. And CNBS is being very lax in not pointing this out each and every day. They keep talking and spouting off about these hype machines like they are as asset rich as MO.