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


To: Kumar Nathan who wrote (10118)12/22/1999 9:25:00 PM
From: thinkbach  Respond to of 13953
 
I keep thinking of you and your margin call, Kumar - hope everything's ok. I checked my balance today to make sure I wouldn't get a call myself. Not sure what tomorrow will bring. I bought some extra brokers a while back because I figured they were undervaled, including NDB. Won't sell my ETrade, but I am beginning to wonder about this sector ever getting beyond lukewarm at best. Oh well, time to explore biotech a bit more?



To: Kumar Nathan who wrote (10118)12/22/1999 9:28:00 PM
From: Spytrdr  Respond to of 13953
 
we all hope so, my friend Kumar.
it's painful to see recent IPOs like Epiphany, CommerceOne, Ariba, ICGE ($ 50 billion market cap... my god), Infospace, and many many others ALL be worth at least DOUBLE what EGRP is worth, sometimes with as little as $ 15-20 million in annual revenues...
those are fine companies, but valuations are totally out of whack.
how can ICGE be worth 2 Schwabs is beyond me.