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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD) -- Ignore unavailable to you. Want to Upgrade?


To: Phil Jacobson who wrote (205)2/12/1998 8:40:00 PM
From: William Vu  Read Replies (2) | Respond to of 1848
 
OK, I want to make an experiment. Sometime
tomorrow or early next week I shall short 400 shares
of AMTD. Realizing that internet brokerage might be
a lucrative business, at least in perception of people,
and as such their stock price may still rise temporarily,
I shall at the same time hedge my short position by buying
400 shares of E-Trade (EGRP), a similar company,
because I believe that EGRP is a more
superior company in comparison with AMTD.
I think today price of AMTD is about $29, and of EGRP about $27.
WV