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


To: Nandu who wrote (6107)4/20/1999 10:15:00 AM
From: Sten Frelles  Respond to of 13953
 
It seems to me that the E*trade board is wise enough to announce splits based on fundamentals and performance, not market valuation.
That said, don't worry, there will be more splits to come - just a question of time!



To: Nandu who wrote (6107)4/20/1999 10:17:00 AM
From: amic  Read Replies (3) | Respond to of 13953
 
Well... I guess they have to be nervous about the recent rise; maybe the approach is not to do anything that could be felt as pure hype to boost the stock. E*TRADE is a big consumer brand, but they also have to do some PR on EGRP and show traders they are a serious company.
I would find this explanation reasonable, although of course this is just my opinion.