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Non-Tech : E*Trade (NYSE:ET)
ET 16.39+1.1%Dec 19 9:30 AM EST
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To: Spytrdr who wrote (8738)10/5/1999 7:48:00 AM
From: ecommerceman  Read Replies (3) of 13953
 
From Bull Market:

============================================

$$$$$ ONLINE BROKERAGE GROWTH RATES

COMMENT: According to Business Week, there will be 3 million US
households with $375 million in assets, by year end 1999. In 2003,
there
will be almost 10 million accounts with $3 trillion in assets. We think

E*Trade (EGRP - $23) is the most aggressive investment in the sector and

here in the low 20's is giving you an opportunity that has surprised
many
a pundit. The high for the year is $72 and we expect it to hit new
highs
some time next year. This would be a triple if it occurs. For those of

you with a lower basis, you may wish to add to your positions. For
those
of you with a higher basis, a purchase would lower your average cost and

in three years will appear to have been a shrewd move on your part.
There
are articles in the press now that DayTrading is actually increasing
lately, even despite the risks."
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