E*Trade (EGRP) Suggestions (NOT FOR FLAMES!!) Message Board

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Non-Tech : E*Trade (EGRP) Suggestions (NOT FOR FLAMES!!)

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To: Scott Stents who wrote (78)	10/20/1997 9:18:00 AM
From: pcyhuang	of 118

Hi, Scott: I appreciate your comments about Etrade. But you have missed several points I tried to make: 1. Etrade does have an email service for clients' complaint. But the quality, in terms of knowledge and experience, is very low and often asnwer questions in an unprofessional way. 2. Etrade has just recently revised its margin agreement with its clients. Following other brokers, it now allows fully margined (at 40% of the underlying equity) for naked put option writing. From a brokerage firm's stand point, this type of trade is no more risky than just vanila type of long position in stocks. 3. Etrade does not a have professional pipeline to seek out clients' complaints about problems or suggestions for improvement of services. Since mine and other dissatisfied clients' stories are made known to the public, Etrade stock has suffered in the market place. Now you have become a shareholder, why don't you join the crusade in trying to pursuade Etrade to upgrade its services? Best regards, pcyh --- Please visit "Huang's Investment in Special Situations" pronet.net.tw pronet.com.tw

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