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

To: ecommerceman who wrote (9974)	12/19/1999 8:14:00 PM
From: Diamond Jim	Respond to of 13953

re: "Without doubt the $5 trade option will dramatically increase E*Trade's reported trade volume" not only that but account volume is artificially inflated by IPO chasers who have 10 accounts each.

To: ecommerceman who wrote (9974)	12/19/1999 10:23:00 PM
From: desert fox	Respond to of 13953

Watching all the other stocks go up, it hurts to see ETrade languish. However, I'm sticking with ETrade. During the last 3 years, out of the 30 or so positions I have gotten out of, 90% of them are many magnitudes higher than when I sold them. My first stock that I ever bought was SUNW in 1996. I watched it go up from 30 to 40 and back (price before 3 stocks splits) 3 times before I finally had enough and sold my entire position of 1400 shares (11,200 now if I held I think)at 40 in 1997? Just my luck, it goes on a tear and never looks back. I buy a 1000 shares of AMCC in Dec of 1997 a week after it IPO'd at an offer price of 10. It was still that price a week later. I watched it go to 30 in the span of a month and then watched it drop back to 14. When it went back to 20, I sold it all. Now, it is at 200(pre split) +/- 10. Last year, I get rid of 900 shares of Inktomi at a price of 75. It was a great gain from the 18 offering price but now it's pushing towards 200. Now, with EGRP, will try my luck and stick with it. Sorry for the long post not related to ETRADE. DF