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


To: SLSUSMA who wrote (13276)4/24/2000 4:48:00 PM
From: Spytrdr  Respond to of 13953
 
for your own enlightenment, read this and then if you have any doubts i'd be glad to anwser them, but read it first:

Message 13416182

regarding SCH, i never "bashed" SCH, i think it's a terrific company.
but i happen to have this firm conviction that EGRP will be larger than SCH in +- 2 years, and considering it's trading at half SCH ratios, i find better value in it and more room to grow.
SCH made a great move buying Cybercorp (i have a Cybercorp account too, so i am almost a SCHwab customer too).
now if only they had the young active customers to use that software...
the fact that SCH paid that insane amount for Cybercorp is indicative that there was a bidding war going on, we'll know someday.

once the market's love affair with the Epiphanies, AskJeeves and other pieces of crap cools off (looks like we are almost there), EGRP should get the valuation it deserves.