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

To: Jim B who wrote (10431)	1/5/2000 10:33:00 AM
From: SLSUSMA	Read Replies (1) \| Respond to of 13953

Jim: In all seriousness and a friendly bit of advice; consider some puts for a stock like EGRP. The cheerleaders on this board will have you believe that EGRP (or AMTD) is going to go through the roof. Most likely most of these guys have already bought and are just waiting to sell to you. Some of the new "experts" are now saying that daytrading makes no money. Perhaps most daytraders do not do well, but some do if they use options to protect/hedge their positions. A couple of puts bought yesterday when EGRP was in the $29's would be worth some money today. If you like this stock, you can sell your puts for the profit and honker down for the long haul. As for OLBs and related stocks, I'd rather put money in SCH or NITE than EGRP or AMTD these days. Have you seen how slow the AMTD websites are? EGRP is not much better.