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Non-Tech : E*Trade (NYSE:ET)
ET 16.800.0%Dec 5 9:30 AM EST

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To: Walt Street who wrote (2540)3/13/1998 8:04:00 PM
From: Bill Hardison   of 13953
 
E*Trade has tanked before on unfavorable comparisons with other on-line brokerages. Don't forget though that E*Trade keeps getting the customers. It's a brand thing. Just as "Coke" tends to stand for all soft drinks and people say "Kleenex" when they mean a facial tissue, E*Trade is fast becoming the name used to identify on-line trading.

Has anyone noticed the big move by E*Trade to slash prices to keep up with the others? Are they offering trades for free? No! Nor will they when they clearly don't need to.

Look on the articles unfavorably comparing the "deal" you get with E*Trade to others as just another buying opportunity.
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