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

To: Ex-INTCfan who wrote (5865)	4/10/1999 12:15:00 PM
From: ecommerceman	Respond to of 13953

I'm a little wary of E*Trade's big run-up, also, as I previously posted. Anything that goes up over 7 times (!) in just a little over 4 months is certainly ripe for a correction. On the other hand, I anticipate that earnings will be better than expected, and am virtually certain that a split will be announced. It didn't make sense to me that this stock was in a trading range of $20-$30 for such a long time, and it frankly doesn't make sense to me that it's gone up so far so fast. If you're a trader, taking money off the table at this point makes sense to me; however, if you're an investor, like me, then you're going to buy and hold and hope for the best. Thanks to the folks who gave me the suggestions of how to best profit from a possible temporary EGRP downturn.