SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?


To: SLSUSMA who wrote (11188)1/30/2000 1:05:00 PM
From: Spytrdr  Read Replies (1) | Respond to of 13953
 
that's right USMA, if it's not on TV it doesn't exist.
that's why i watch Maria Bartiromo and Larry King all day in search of clues about world events.
if it's not on CNBC you always have to take it with a grain of salt.
i'm still confused about the price target for AskJeeves, i missed that show; was it $ 1000 or $ 890 3/4? Morgan Stanley was the underwriter for ASKJ's IPO, so it deserves to have an $ 18 billion market cap.

___
"Besides, I haven't seen it pop up on the news wires yet, so probably not a whole lot know about it. How'd you find out?"



To: SLSUSMA who wrote (11188)1/30/2000 2:53:00 PM
From: Dean N. Browning  Read Replies (1) | Respond to of 13953
 
Captain Metric - to find out about the Prudential recommendation please take your salt and then check out reply #11099.



To: SLSUSMA who wrote (11188)1/30/2000 4:32:00 PM
From: ecommerceman  Respond to of 13953
 
My Metric friend,

Here is what Prudential said about EGRP... I have no doubt you will enjoy it, but perhaps not as much as I did...


E*Trade Puts Itself in a Strong Position
By Shannon Swingle

E*TRADE GROUP (EGRP): Prudential Securities on January 18 reiterated its STRONG BUY rating on online brokerage E*TRADE GROUP, with a price target of $62. The brokerage said the company has positioned itself as the leading business-to-consumer portal, and that now with its acquisition of online bank Telebanc, it has added a "consistent recurring revenue base on assets and a hedge against market fluctuations." Prudential forecasts a loss of $0.61 per share in FY00, compared with a loss of $0.33 per share FY99. However, it expects revenue to jump to $922.9 million in FY00, from $621.4 million a year earlier."

Whether or not a recommendation pops the stock up or not isn't that relevant to my ownership of E*Trade; what I'm most concerned with is what the future holds, and at least according to Prudential Securities, the future of E-Trade is extremely bright...