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


To: Oeconomicus who wrote (3385)7/23/1998 4:50:00 PM
From: TLindt  Read Replies (3) | Respond to of 13953
 
The bad news is out....going to spend that SoftBank money to grow and that will give us loses as we exchange cash for increased future revenues.

When E-Trade starts to spend the money, if spent wisely the stock should bump up with each event.

Over reaction, yep...getting out, nope. At $50 and a 2 for 1, I'll take my cash back if they are successful in tripling the customer base that is.



To: Oeconomicus who wrote (3385)7/23/1998 11:27:00 PM
From: fut_trade  Read Replies (1) | Respond to of 13953
 
>for any chart pattern phenomena?

Yes. For the simple reason that when an uptrend or downtrend is established, there is a greater chance that the trend will continue - rather then be broken. A reversal can happen at any time, but trends tend to hold, and betting against them is not the best way to proceed.

E*Trade may not do anything over the next few weeks, but two months from now, I expect it to be in the high 20s. I suppose EGRP could quickly be back up in the 30s if they promise not to increase marketing expenses and delay Destination E*Trade further 8/