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


To: larry who wrote (2625)3/20/1998 2:11:00 AM
From: Michel Bera  Read Replies (1) | Respond to of 13953
 
Larry and Don,

I agree entirely that there are a lot of (big) shorts our there on EGRP stock, due to a bloody price war. There is also a lot of dust, and it seems that as far as now, a classical rule of technology (the first to enter has a very high advantage above competition, at least for a whiloe)has not been enforced by the market (there are 6, 7 buttons to trade on every market net info screen ???). For AMZN, it worked much better, Barnes and Noble being the only competition with a real brand recognition by now. Coke and Pepsi type of market almost already, with BKS having trouble coming up ahead financing all those emptying bookstores (people buying from the Net no longer go to their bookstores).

It will take a long time for E*Trade competition to quit the game, bleeding to much blood in this price war.

The thread is indeed dead in this sense that there seems to be no study on Net trade companies market share being posted : what is E*Trade position ? 10%? 20%? is it growing ? A previous Barron's post about rating net trade services is fine indeed, but some figures on market growth and share split would help a lot.

I play EGRP as a long term investor, long at $32 (hence bleeding myself and learning a lot from it).

Just my two cents,

MiB



To: larry who wrote (2625)3/21/1998 6:54:00 PM
From: avenger  Respond to of 13953
 
The reason EGRP is a better short than many "internet" companies is that it is actually making money, and therefore is, or will start to be more traditionally valued. I have seen quotes from analysts who cover internet stocks such as AMZN referring to the fact that these analysts almost don't want these companies to actually post earnings any time soon for this very reason