To: Spytrdr who wrote (9658 ) 12/4/1999 5:38:00 PM From: sim chambers Read Replies (3) | Respond to of 13953
my comments posted on yhoo: you guys talking of a buyout are completely off base. a buyer (bank or large broker) cannot justify the dilution in earnings that would happen if they absorbed a large cap online broker. that is irresponsible to the shareholders (regardless if it is a good long term move) in fact, this is great news for us longs. we want the PURE PLAY, not some hybrid stock with muted gains. the big potential buyers are caught between a rock and a hard place--- they cannot buy and they cannot build their own fast enough. you see, this is the beauty of egrp as a stock. egrp is in a land grab and noone else can catch them before they become a monster. in fact, in 5 years egrp will be mentioned in the same circles as citibank, chase, merrill and schwab. egrp is working in a field that will be totally transformed, and egrp has the best model. furthermore, the other ebrokers other than schwab and amtd, will have their market caps FALL from here. when those market caps fall, then they will be absorbed by a bigger player...maybe the big banks. does the world drink coke? or generic brand soda? all the pipsqueak brokers are the generics with no staying power. brand and service win. egrp is the coke of this business. Obvious. just plain obvious. by the way, buying egrp here is like buying a dollar for 25 cents. egrp is the biggest no brainer internet play since AOL and YHOO locked up their areas. a 30 billion market cap will happen within 12 to 18 months the market cap will be justified by the exploding sales (and soon earnings). the sales will be well beyond all the analyst estimates. the analysts should pull their heads out of their asses and see the light. the street groups egrp with the rest of the ebrokers. that is just plain wrong. study aol and yhoo if you need further explanation of a monster business that is created in a short number of years. oh, competition. yeah right. you dont think aol and yhoo had competition? hell yeah. wal mart has competition with mom and pop stores and buried them. SEE THIS COMING. 12 months from now egrp will own its space on the net.