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


To: LWolf who wrote (6257)4/26/1999 11:11:00 PM
From: ecommerceman  Read Replies (1) | Respond to of 13953
 
Cramer's outfit touted me into selling 1,000 shares of E*Trade when it was at $15 when it printed a very skeptical analysis seven or eight months ago, so what follows I offer with a grain of salt. However, it's clear that he's changed his tune:

"Thestreet.com's Cramer on Etrade

Question: What do you think about E-trade as a long term hold?

TSCNYjjc: As I am long E-trade, take this with a grain of salt, but these guys have all of the momentum and I am very impressed with these guys (TheStreet.com has a deal with them so again, I want to disclose that.)"

This stock continues to amaze me. They just announced a few days ago that they had 900,000 customers, and now today they announce that they're already over a million! The last 5 months have been so bizarre--the stock was at $25 on December 1, and now it's at (pre-split) $240!! People go their entire lives without seeing a stock go up 9 times, and this stock has done it in 5 months. Weird. Unfortunately, it's difficult to talk to people about this because it makes it look as if you're bragging; on the other hand, how can you not talk about it??



To: LWolf who wrote (6257)4/27/1999 1:46:00 AM
From: MrGardener  Respond to of 13953
 
L Wolf ... THX, I'll order "Roaring 2000's" from Amazon. There wa a good article today in the Wall St Journal by David Alger, CEO of NY investment firm. Here are some 1 liners:
"The internet is more than just an industry, it's a revolution in communication and commerce".
AND, "I am often asked how many of these internet companies will survive ? What they should ask is, how many of their non internet competitors will survive".
Glad you're still there, my wife reads some posts with me each evening ( she's a non techie but sure likes the gains in our portfolio ) and of course she's "cheering on" all of the woman investors / posters !
By the way, I notice whenever I review to edit before posting the word internet comes up in red as if misspelled ......
Gardener