E*Trade (NYSE:ET) Message Board

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Non-Tech : E*Trade (NYSE:ET)

ET 16.88

+0.5%

11:21 AM EST

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To: Spytrdr who wrote (6934)	6/7/1999 12:07:00 PM
From: ecommerceman	Read Replies (2) of 13953

Bull Market's Report of Noted Third Tier Shill :) Raymond James Recommendation "$$$$$ ETRADE GROUP RATING RAISED Raymond James & Associates raised ETRADE GROUP INC from a neutral to a buy, saying an agreed takeover of Telebanc Financial (TBFC) would give ETrade a big edge over online finance rivals. Here's what they said in a statement: "ETrade has established itself as the premier blue chip in the Internet financial space. Its leadership position may be difficult for other companies to emulate and therefore this stock deserves superior valuation." COMMENT: Telebanc has a strong on-line bill paying operation which we have mentioned could be the next killer app for the Internet. We think they are paying a big price, but if managed properly, the firm could become one of the biggest financial firms on the Internet."

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