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


To: Oeconomicus who wrote (4920)2/6/1999 10:30:00 AM
From: Green Receipt  Respond to of 13953
 
btw: I wasn't trying to instill fear. I would love it and will when it starts heading back up. If it actually hits 25 or lower I will pick up at least another 1000 shares.

The comments from mgmt were made when they announced the split. the stock was in the 50's range and the mgmt said (paraphrasing) that they wanted the stock to trade at a level where anyone could buy/sell it. That would have been $25 (aprox). But that was just a comment as far as i can tell. nothing to do with financials or anything like that.

fwiw: i happen to think this company is going to continue to do well in the future and I expect the price of the stock to follow as well. My only regret was not buying more shares when it was $9 (post split pricing).

David