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

To: Sharise Brown who wrote (5192)	2/16/1999 12:26:00 PM
From: scanshift	Read Replies (1) \| Respond to of 13953

Who cares about ancient history. There is no comparison between the major dumping of EGRP stock by insiders now, and that slight selling of a couple years ago in terms of net percentages of their holdings and who is doing the dumping. My comments in my prior post had to do with executive leadership at EGRP. They know about the public relations nightmare they are facing with their recently having system crashes three days in a row and all those class action lawsuits as a result of those crashes. The Archipelago mess is another nightmare that will haunt them; one they could have avoided. I wonder how many options the executives at E-Trade have in Archipelago? Does anyone know? Getting back to your post: R. D. Buschman did his homework in his post #5192. In it he says: And is it irrelevant that five other officers and directors filed to sell $36 million worth of EGRP (in two cases amounting to 78% and 86% of the individual's holdings)? Total shares filed by insiders in the first week of Feb alone (I wonder what week 2 looked like) were about 5.2 million for a value at the time of filing of $295 million. Dismiss it at your own risk. .... .The shares sold by the Cotsakos trust represent 64% of the trust's EGRP shares......

To: Sharise Brown who wrote (5192)	2/16/1999 12:37:00 PM
From: Pi	Read Replies (1) \| Respond to of 13953

I agree, insider selling in large companies is hardly a cause for concern. Microsoft Chairman Bill Gates sells shares! biz.yahoo.com Millions and millions of shares sold last year alone. My god! Microsoft is going away! Everyone jump ship! Bill Gates sold shares! Who cares why they sell? I would. If I had 10 million shares of any huge company, I would sell 5% every 6 months for 10 years. Why? To get the average price over those 10 years, rather than trying to sell all 10 million when I think the stock is at its highest. Pi

To: Sharise Brown who wrote (5192)	2/16/1999 12:51:00 PM
From: Oeconomicus	Read Replies (3) \| Respond to of 13953

Sharise, March '97? Completely irrelevant. First, there was no internet stock bubble in March '97. Second, that would have been the first opportunity since the IPO for EGRP insiders to sell any shares. It's only natural to expect some selling. Third, any of those people you are ridiculing now who were short then had an opportunity to cover profitably a month or so later when most tech and internet related stocks corrected sharply (they also could have covered a year and a half later at $10 pre-split). The fact is you have no idea how these folks made out (neither do I). Was EGRP a bit ahead of itself in March '97? Apparently, since it went into the low teens by May. Was it wrong to be short in the forties in Sept-Oct '97 just because EGRP is at twice that price now (split adjusted)? Gee, I don't think so. Does any of that history make it right/wrong to be long/short now? Again, I don't think so. Looking back at who was right or wrong two years ago, or appeared to be right or wrong when taken out of context two years later, tells you nothing about the future prospects for EGRP or the reasonableness of its current valuation. Just my two cents.