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


To: Frank P. Pearson who wrote (5864)4/10/1999 11:50:00 AM
From: Ex-INTCfan  Read Replies (2) | Respond to of 13953
 
Frank, no offense taken. Here is my rationale:

1. I was feeling very greedy after the insane profits I have made in this stock. When I get greedy, the stock about which I'm greedy more often falls than rises.

2. The stock is 40 points above its 50 DMA. Looks like a blowoff to me. See the following URL (You may have to cut and paste it -- long URLs are a bit of a problem with SI.) askresearch.com

3. Risk management. I have a lot of positions with very big gains of late. Just needed to take some money off the table.

INTCfan



To: Frank P. Pearson who wrote (5864)4/10/1999 6:37:00 PM
From: Diamond Jim  Read Replies (1) | Respond to of 13953
 
"No offense, but I think you are nuts!"

Frank, he's not nuts he's just out of the stock. The nut would be the guy shorting it. I think we will see HUGE revenues, a split, and we may see 50 after a split but this stock is not a runaway joke like AOL, AMZN, YHOO, TGLO(which sells nothing but space) look at the market cap of those, ridiculous!

Etrade is like Mirage resorts minus the trip to get to Vegas. Better odds too.

jim