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Technology Stocks : eToys Inc. (ETYS) -- Ignore unavailable to you. Want to Upgrade?


To: RinConRon who wrote (1209)12/17/2000 9:49:26 PM
From: BWAC  Respond to of 1330
 
No money should have been in ETYS at this point in time unless one could afford to potentially lose it. That said, the risk of loss is $1 per share. So what exactly is the point of rushing to the exit? I paid my $1.125 for 2000 shares to "wait and see". I've seen the "expected" risk materialize in the earnings warning and need for quick additional financing, now it is time to wait and see if there is any reward to materialize. If it goes under, it goes under. If it doesn't your $1 turns into at least $2.

I just don't see how anything much could be accomplished or saved by selling.



To: RinConRon who wrote (1209)12/18/2000 10:46:36 AM
From: James Strauss  Read Replies (2) | Respond to of 1330
 
Rin:

I also bought some last week at 1 1/8...

Today is a panic selling day... It would be unadvisable to sell in the midst of all this selling... I'm going to wait until the dust settles... Those who wanted to get out at any price will be gone... Traders will move in to play around with the stock... We could see it move up above 1.00 in the next week or two... We might even see some type of financing deal or takeover... The E-Toys name is too valuable to let die... So for now, I'm sitting tight...

Jim