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

To: CanynGirl who wrote (3211)	7/14/1998 12:59:00 AM
From: CanynGirl	Respond to of 13953

Mentioned on theStreet.com in an article about how the nets are not done yet. Quote: "But by midday, the pattern was obvious. E*Trade (EGRP:Nasdaq), that heavily shorted brokerage house with the thin margins, was exploding after it got a capital infusion that has to be the envy of everybody else out there. America Online (AOL:NYSE) chewed through a lot of supply, as did Yahoo! and Excite (XCIT:Nasdaq). And by 2 p.m. I realized I had to be buying Yahoo! calls to take advantage of the return of the dead-and-buried group. By the bell, these stocks were in full bloom, exploding into tulips worth billions of dollars. And those new shorts, the ones sprung by Barron's and New York magazine, had to be wondering, "What the heck? I heard you were dead." "