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

To: thomas odonoghue who wrote (12694)3/21/2000 6:19:00 PM
From: latestswami  Respond to of 13953
 
Tom,

Though I agree with gist of your message. I think three things are likely to lit fire under EGRP ass :

1) IF EGRP being added to S& P 500

2) Account Growth and asset accumulation

3) Ameritrade or some of the other OLB's being acquired by so-called Brick and Mortar firms with some good premium.

Of the three I am under opinion that 1) and 2) have highest probability of occuring.

Also the problem is this : Some media publication pouring cold water. Remember last week EGRP moved up nicely. Then this monday WSJ poured cold water.

Also street has a self-interest to make sure that some of the OLB's does not become some kind of runaway brides.

Thanks



To: thomas odonoghue who wrote (12694)3/21/2000 6:47:00 PM
From: Jane4IceCream  Read Replies (1) | Respond to of 13953
 
Depends on which chart you are looking at....

EGRP and AMTD and NITE have all come off their bottoms recently and forming nice trendlines.

Look for continued moves up in this sector as money rotates around. It also doesnt hurt that these stocks are considerably below their 52 week highs and are rated buys or strong buys by analysts.....etc....etc....blah blah blah

My opinion.

Jane:-)


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