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


To: DD™ who wrote (6584)5/26/1999 9:05:00 AM
From: Eman03  Read Replies (1) | Respond to of 13953
 
<< E*TRASH Group (EGRP 45 1/16 -4 15/16) "Online broker asking shareholders to approve the doubling of authorized shares from 300 million to 600 million, according to SEC filing... Company believes increase necessary to provide flexibility to act in the future with respect to financing programs, acquisitions and other corporate purposes... And investors wonder why Net stocks are in retreat."

We should all lose money this way!!>>

1) I'm sure it was not titled E*Trash Group
2) Are you sure "And investors wonder why Net stocks are in retreat" should be in quotes? Was it really in the article?
3) Please keep your fear mongering on the yahoo board. That board is much better suited for your comment.

A doubling in shares prepares them for a split, for additional purchases, for employee options, etc. Some might be viewed as good, some bad. We'd appreciate substance in the future.



To: DD™ who wrote (6584)5/26/1999 10:00:00 AM
From: ecommerceman  Read Replies (2) | Respond to of 13953
 
DD--thanks for your second informative post in a row. However, I don't know what asking for shareholders to approve another stock split has to do with briefing.com's strange assertion that: "And investors wonder why Net stocks are in retreat."

Nor, for that matter, how a stock split supports your usual bitter conclusion: "We should all lose money this way!!"

I don't know, DD--EGRP is up about 7 times what it was six months ago. If you're losing money big guy, then I guess you've been riding the wrong horse...