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

ET 16.35

-0.9%

2:42 PM EST

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To: Esway who wrote (11228)	1/31/2000 3:48:00 PM
From: ecommerceman	Read Replies (2) of 13953

Perhaps this is part of the reason for our drop... Today's Wall Street Journal "Early this week, online-brokerage concern E-Trade Group is expected to offer $500 million of seven-year convertibles with a coupon of 5% to 5.5% via Robertson Stephens. The offering will include a convertible premium of between 22% and 26%." I wouldn't know a convertible bond if it hit me in the butt with a banjo, but perhaps there's someone here who is more familiar....

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