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

ET 16.77

+0.3%

3:22 PM EST

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To: ecommerceman who wrote (6998)	6/8/1999 12:46:00 PM
From: Going Short	Read Replies (2) of 13953

Question for Anybody in the know. TBFC is due to split at the close of market today. So is the following statement true. I buy 100 shares of TBFC, tomorrow I have 200 shares of TBFC, Etrade buys TBFC for 2.1 Etrade for every TBFC share, I now have 420 additional shares of Etrade. Am I not seeing something or is this why TBFC has been on the rise the last few days. I think TBFC is taking investor money that might have been earmarked for ETrade, their just coming in the back door.

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