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

To: Frank Drumond who wrote (3258)	7/15/1998 5:10:00 PM
From: ItsAllCyclical	Read Replies (2) \| Respond to of 13953

Close above 35 1/4 should signal huge short squeeze coming. There are probably still 8 mil plus shares short. Fundamentals look good and momentum is in full swing. xcit reports earnings tom. Could see some effect.

To: Frank Drumond who wrote (3258)	7/15/1998 6:43:00 PM
From: DYW	Respond to of 13953

It seems to me that a little bit of extra volatility now will probably help confirm EGRP's rating as a 'net stock in many people's minds. It just seems that when you get a bunch of days in a row with 10%+ swings and volume in the millions, that ought to be enough to lump you in there with the Yahoo's and Amazon's of the world. Whatever the case, today's close looked very good again, and by now we should be attracting just about every momentum player and daytrader out there. The downside is of course that this makes it all the more important for the earnings announcements to have a positive spin on them. (I don't think it's necessary to beat estimates to avoid a pull-back, just to have a very positive forward-looking spin to the announcement, as well as to the following CC.)