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

To: BWAC who wrote (11829)	2/18/2000 5:42:00 PM
From: SLSUSMA	Respond to of 13953

Are you not familiar with percentages? If you bought at $25, then based on today's close those shares are worth $20 1/2. 20.5/25 = 82%, which means you have lost 18% on paper. What part of that process did you not understand? Fair price for this stock before I'll even think about a long position (not in options, mind you) - some where in the teens. Maybe $18. Now since I have no position currently in EGRP, other than maybe THINKING about buying some calls, how do you propose that I will be run over by an EGRP super rally? Do brokers take money from you if you are a bear but have no position short, in puts, or sold calls? It this part of the SEC's new policy on cybertrading? Please enlighten me, oh wise one.