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Non-Tech : E*Trade (NYSE:ET)
ET 16.57-1.5%3:59 PM EST

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To: Spytrdr who wrote (6991)6/7/1999 10:30:00 PM
From: ecommerceman  Read Replies (1) of 13953
 
E*Trade is "Pick of the week" from the Intuitive Investor

"This Week's Highlight
This week's pick of the week is a hot stock temporarily off its recent high. E*Trade (EGRP) is a high flyer and currently the #3 online broker.  While Merrill Lynch,  Paine Webber and other traditional brokers are entering the online game and heating up the competition, the "newcomers" still have a traditional brokerage base to support.  E*Trade's purchase of Telebanc will give it a better position to offer broader financial services to its growing customer base. While I generally don't advise playing a "market timing" game, I believe this is an opportune time to buy up this stock at what will be only a temporarily depressed price."

Interesting article from The Economist, Spytrader. Thanks.

It seems like this thread is becoming a little more active lately, which is good....
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