Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Curly Q who wrote (6857)	6/4/1999 2:09:00 PM
From: let	Respond to of 13953

Personally, I would love to see more people talking negative about EGRP ! Talking about history of comments on this thread, take a look at where the stock went right after all the "NEGATIVISM"... I will gladly take the short term drop for the longer term potential. Let

To: Curly Q who wrote (6857)	6/4/1999 2:21:00 PM
From: Dalin	Respond to of 13953

Egrp beat Merrill to the punch with online trading. And from their IPO in July of 97 they certainly look like a better investment. But hey, MER, 2 years and doubling your money isn't bad. Egrp doesn't have a P/E because their busy spending their money on their business, not lining their pockets. IMO BTY! D.

To: Curly Q who wrote (6857)	6/4/1999 3:09:00 PM
From: ecommerceman	Read Replies (2) \| Respond to of 13953

Thomas Rasch--Wow, what a comment: "And I suppose you think ETrade is a better long term investment than Merrill? What is the p/e of EGRP? Look at the long term track record of any issue trading above 50, going back to the 70's. Very few could be considered choice investments." Yeah, I think EGRP is a MUCH better long-term investment than Merrill, as a matter of fact, and I believe that's the case because it (and other online brokers like AMTD, etc.) represents a new paradigm, one that is completely irrelevant to a comparison with the 70's. If you're using P/E as a screen for internet stocks, then you must be completely baffled at what has happened in the last 2-3 years! The market, in your eyes, must have gone completely mad! Sure, there are internet companies that aren't going to make it, but the internet is going to change the way we do business in this country (already is, for that matter), which is why stocks like EGRP, AOL, AMTD, AMZN, etc. have exploded. And will, in my opinion anyway, continue to do very well (although not necessarily at the same exponential rate as in the past six months, at least in the case of EGRP).