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

To: Sharise Brown who wrote (5205)	2/16/1999 2:25:00 PM
From: Oeconomicus	Read Replies (2) \| Respond to of 13953

Congratulations. I'd also ask whether it might seem prudent to take some money off the table considering the high valuation for even a fast growing financial services biz. History does tell us that EGRP can easily fall from favor and return to a more normal financial services company valuation. It is just as important to consider risk as reward, and right now I think the risk is excessive. My opinion is based on the valuation and on the company's apparent sacrificing of service for growth since receiving Softbank's money. Poor service will eventually make it difficult to attract and retain customers, reducing the future profit potential dramatically from the (already unreasonable) expectations built into the current price. JMO, Bob