Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Olen S. who wrote (4640)	2/1/1999 7:02:00 PM
From: ecommerceman	Read Replies (1) \| Respond to of 13953

Whether it's too late to get in depends on a lot of questions that only you can answer--are you a long term investor, what sort of risk can you stand, etc. If you're in for the long term, I'd have no hesitation to tell you to get in as this is an excellent company which has excellent prospects; if you're a day-trader, I wouldn't hesitate a guess. Most folks thought that the stock would plunge today after the split, and it ended up 13%! So who the hell knows... I did find this piece of information in the news release about the "Omaha Billionaire"--"compared with Amazon.com, Internet brokerages are cheap because they have profit margins three times as high as the bookseller's margin, Franco said. "There are a lot of efficiencies to be gained in an Internet-centric operation, which is what all these companies are embracing," he said.

To: Olen S. who wrote (4640)	2/1/1999 11:38:00 PM
From: scanshift	Read Replies (2) \| Respond to of 13953

It has had an awesome bull run. Now, it is worth fading. It is worth legging some short stock in the mid 60's against some long Feb 60 calls (just in case any merger deal were to pop up) looking for a pullback to 50. I think that there has been alot of hype about ETrade, but the most important story I read is that have fallen to number 3 lately, when they were number 2! January 29, 1999 Online Trading Rose 34% In 4th Period, Report Says By a WALL STREET JOURNAL Staff Reporter NEW YORK -- Even as regulators voice new concerns about online stock trading, a report shows the volume of securities trades placed on the Internet soared 34% in the fourth quarter. It was the largest one-quarter gain since the report's author, analyst Bill Burnham of Credit Suisse First Boston Corp., started tracking Web trading two years ago. Online trades account for 14% of all stock trades, he estimated. Firms that cater to active traders, who often trade volatile Internet stocks, saw the most growth. While Nasdaq Stock Market fourth-quarter trading volume rose 14%, Mr. Burnham said, volume of stocks in First Boston's "electronic-commerce universe" surged 47%. Charles Schwab Corp.'s market share dipped by three percentage points; the San Francisco company still controls the largest chunk of the online-trading market, with 27.4% of daily trades. Waterhouse Investor Services, a unit of Toronto-Dominion Bank, passed ETrade Group Inc. to move into the No. 2 slot, with 12.4% of trades; E*Trade ranked third with 11.8%.