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

To: Shi who wrote (2674)	4/6/1998 11:25:00 AM
From: Eric D. Moody	Read Replies (2) \| Respond to of 13953

When you say Fidelity owns 10.55% of the stock. Does this mean that any one of Fidelity's countless mutual funds own the stock? thanks, Eric

To: Shi who wrote (2674)	4/7/1998 2:00:00 PM
From: Marty Rubin	Read Replies (1) \| Respond to of 13953

Shi, "If they dump, we small boys will be in deep sh*t." Woh! Exactly what I thought. If it matches, the stock is down a little. If it beats, it would be up 5-10%. My brain just went dead so I don't want to guess what will happen if.... The way some people run stocks down is impressive. Mutual funds ownerships concerns me more, since they like to sell at any price. But I'm a little less concerned, looking at the short interest which had risen to 8,256,153 last month (http://www.viwes.com/invest/shorts/query.cgi) from 7,479,922, and 8.42 days to cover, up from 6.81 last month. At least they will find a bottom. But, I think E trade will make it this time. Marty