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


To: Spytrdr who wrote (11986)2/24/2000 11:34:00 PM
From: Captain Jack  Read Replies (1) | Respond to of 13953
 
Spy-- you are preaching to choir. We know that. It is also evident no one (buyers - esp institutions) give a sh!t. The value is there but the price is in the mud in a lousey sector and sliding mkt.. The price is the best crap going,,, but still a crappy price,,, with little expectation of high 20s yet anything better,,, at least not for a few months to much longer..



To: Spytrdr who wrote (11986)2/24/2000 11:51:00 PM
From: thinkbach  Respond to of 13953
 
Great post, Spy; thanks for saying it again. Eventually ETrade will be the only stock no one's made any money on, then every investor on the planet will pile in like crazy, realizing that no other bloated stock will go higher in a saturated market. ETrade, the last stock on the block...

I actually started adding to my position, having made some money in other stuff that won't be going anywhere for a while. May as well have more of a good thing while the getting's good.



To: Spytrdr who wrote (11986)2/25/2000 12:31:00 AM
From: Spytrdr  Respond to of 13953
 
INSP market cap: 21.36 Billion, price/sales: 579
VRSN market cap: 25.76 Billion, price/sales: 313
BVSN market cap: 18.49 Billion, price/sales: 170
EXDS market cap: 23.23 Billion, price/sales: 94
YHOO market cap: 88.48 Billion, price/sales: 151
INFY market cap: 36.67 Billion, price/sales: 218
KANA market cap: 9.39 Billion, price/sales: 291
ARBA market cap: 24.30 Billion, price/sales: 271
CMRC market cap: 12.92 Billion, price/sales: 229
JDSU market cap: 91.88 Billion, price/sales: 97

(these are NOT price/earnings ratios, but price/sales... frightening, and these are leading stocks, there are even more frightening examples down the food chain)

EGRP market cap: 5.8 Billion, price/sales: 6