E*Trade (NYSE:ET) Message Board

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

ET 17.47

+0.4%

10:14 AM EST

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To: sim chambers who wrote (9659)	12/4/1999 6:16:00 PM
From: ecommerceman	Read Replies (1) of 13953

Absolutely tremendous thread the past couple of days; great posts, great analysis. This is why SI is worth the money--because it's smaller, its posters are more discerning, and you don't have to suffer through the "so's yo' Mama" posts on Yahoo and Raging Bull. Thanks to everyone... By the way, I agree with Sim about the desirability of ETrade being acquired; the only way I want to see it is if we don't have the resources to do what we need to do, and I don't see any evidence of that being the case. I also think he's right that it ETrade's market cap is probably too high to justify an acquisition from a larger company; we're no small potatoes anymore, and acquiring us would be very expensive. The only evidence that I see that this is even a remote possibility is the fact that Cotsakos has a clause written into his zillion-dollar compensation plan that he gets another zillion dollars if E*Trade is acquired, so I guess it's not so improbable as to not be worth a lawyer's time to write it up... I think we will see greater returns on our investment, though, if we remain a pure internet play; I'll be disappointed if we're acquired, even if it may lead to a short-term spike in the price.

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