TO THE THREAD :
On the face of it, bad news from Yahoo and CBS MarketWatch :
biz.yahoo.com
rd.yahoo.com*http://cbs.marketwatch.com/archive/19990210/news/current/renegade.htx?source=blq/yhoo&dist=yhoo
However, look at this piece of gem, extracted from the news, indicative of at least 50% sequential growth for the current quarter :
<< E*Trade has attributed last week's outages to malfunctioning software. The firm's chief financial officer, Len Purkis, on Wednesday said the problems were not caused by a lack of capacity. In fact, E*Trade handled 300,000 trades last week, up from an average of 200,000 trades a week in its first fiscal quarter ended Dec. 31, Purkis said at a Goldman Sachs investor conference.
The outage apparently isn't hampering the company's aggressive
international expansion plans. E-Trade is moving ahead with an effort to market its service in the top 20 global financial markets in the next two to three years, Purkis said. >>
The last two days were good buying opportunities probably !
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