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

To: Oeconomicus who wrote (2528)3/13/1998 3:53:00 PM
From: Dylan  Read Replies (1) | Respond to of 13953
 
<<BTW, the footnote you quoted implies that it cost $2.6mm to register in Ohio. Can that be correct>>

If I remember correctly, they forgot to renew their registration on time and had to pay a bunch of extra fees. -Dylan



To: Oeconomicus who wrote (2528)3/13/1998 3:56:00 PM
From: saber hormi  Read Replies (1) | Respond to of 13953
 
Barron's is rating the Online brokerage firms this saturday... that's why it 's down.



To: Oeconomicus who wrote (2528)3/13/1998 3:57:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 13953
 
Bob,

It's been a while, but the last time I looked EGRP traded at substantial premiums to the brokerage industry average.

Most traditional brokers trade with a P/S < 1 and P/E near 10-15.

EGRP has a P/S of 5 with a P/E near 40.

Looks like the stock is going under $20 again. Lets see what the bull say now. (Still think EGRP is a good i-net value, but doesn't mean much with YHOO trading at 50X sales).


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