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


To: Volsi Mimir who wrote (2524)3/13/1998 2:35:00 PM
From: Oeconomicus  Read Replies (3) | Respond to of 13953
 
Eddy, I'm sure you are right that DMG is just now seeing the same picture as all the other analysts. In any case, seems like one analyst out of seven moving toward the mean shouldn't cause a 2 point drop from this level. But then, EGRP is one of few 'net stocks that has ever responded at all to bad news. A downward revision, negative sentiment toward brokerage stocks and disappointed dumping by speculative (momo) buyers that it didn't participate in the 'net stock buying frenzy - all probably are contributing today.

Regards,
Bob