E*Trade (NYSE:ET) Message Board

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

ET 16.71

+1.7%

Nov 28 12:59 PM EST

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To: Spytrdr who wrote (8468)	9/14/1999 11:13:00 AM
From: WallStBum	Read Replies (1) of 13953

Got this emailed to me late yesterday regarding my Datek account: We are pleased to announce that on September 15, Datek Online will again extend the trading day for our customers. We will be the first online brokerage firm to offer extended-hours trading both before and after traditional market hours. Our extended-hours trading sessions will soon enable you to place limit orders for Nasdaq stocks exclusively through the Island ECN from 8:00 AM Eastern Time until the market opens at 9:30 AM Eastern Time, and then after the market closes from 4:00 PM until 8:00 PM Eastern Time. That's what's great and so exciting about so many of these ecommerce outfits. If there's a good idea, someone's gonna do it NOW, not next month or after review at the next quarterly board meeting. Every day is a lesson in the power of capitalism. BTW, this move by Datek does not threaten ETrade, on the contrary, I think it's a great move for the OLB industry as a whole - so many of these traditional analysts shriek at the remote possibility of competition, without recognizing its power to improve overall industry services. Regardless, to see ETrade moving at hyper-speed on just soo many fronts lately is really very exciting. The patient will be significantly rewarded imo. dax

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