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


To: puborectalis who wrote (5963)4/13/1999 11:14:00 PM
From: ecommerceman  Read Replies (2) | Respond to of 13953
 
Wow--what a day this has been! This stock is now up just over 9 times what it was at on December 1!!! Certainly today's movement shows that the best strategy with this company is just to buy and hold --you can try and time it but you might easily be left along the side of the road watching mournfully as this baby zooms off into the horizon. I'll fully admit that while this company is extremely dynamic in a cutting-edge business, that nothing would lead me to believe that it's even vaguely reasonable that it's stock would appreciate 9 times in 4 1/2 months--it seems ridiculous even to write such a sentence. Still, maybe the internet IS changing everything, and maybe this stock still has a long way to go--even in the short term.

All I can say is, after watching it trade in a range of 20-30 for what seemed like forever, I never dreamed that in a few short months it would go up that much in a single day!