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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD) -- Ignore unavailable to you. Want to Upgrade?

To: AugustWest who wrote (565)	12/24/1998 12:52:00 PM
From: DavidCG	Respond to of 1848

AMTD sends its order flow to NITE (marketmaker). I've been noticing while AMTD trades at like 6400 times earnings, the marketmaker AMTD and EGRP sends its order flow to is...... NITE, and it is only trading at roughly 21 times earnings Just wondering if anyone is playing that route besides me. Also, picked up some NDB (National Discount Brokerage) as a value play for this huge swing in internet online brokerage stocks. Trading at like 37 times earnings...much lower than AMTD or EGRP. I like the entire sector..and I believe there are still some great values in the online brokerage arena. -DavidCG

To: AugustWest who wrote (565)	12/26/1998 1:43:00 AM
From: Gil Gilbertson	Read Replies (1) \| Respond to of 1848

When shorting you always have to measure risk vs reward. I think you did the right thing if you werent emotinally tuned to remaining short over the holiday. I figure somewhere around 4 to 5 more pts downside, but maybe a bounce up first. I want to see the action on Monday. I watch the tick by tick real time charts on www.wallstreetcity.com and get a pretty good feel by watching the (last ten trade section of the site ) it displays trades, by time price, volume and whether from buy or sell side. There were over 7 million shares traded above this level and I think a lot of them are in weak hands and nervous. The stock will likely get rung out in Jan sometime and watch for a big down day on huge volume, then it will be a buy again for me...Happy New Year..Gil