E*Trade (NYSE:ET) Message Board

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

ET 16.36

-0.8%

3:59 PM EST

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To: WallStBum who wrote (7695)	7/19/1999 6:29:00 PM
From: ecommerceman	Read Replies (2) of 13953

From the Bull Market Report: $$$$$ ETRADE TO ENTER EUROPE THROUGH ACQUISITION ETRADE GROUP (EGRP) said it would buy TIR Holdings Ltd. for about $122 million in stock in a move to expand its international trade-processing operations. TIR, Ireland based, is active in markets in more than 35 countries. COMMENT: We came awfully close to selling this firm, but were swayed to hang on by intense analysis. It is news like this that reminds us why. E-trade is looking to create a truly global operation in the online brokerage industry. Moves like this are the actions of a company acting like a gorilla.

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