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

ET 16.83

+0.7%

3:59 PM EST

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To: Spytrdr who wrote (12268)	3/6/2000 12:10:00 PM
From: BWAC	of 13953

Spytrdr, Something is not right in that Lehman thing? Contradictory statements on AMTD: <-- said it was raising its earnings estimate on Ameritrade to a profit of 8 cents from a loss of 13 cents for the first quarter. -- said the new estimate includes $22.5 million in expenses preparing OnMoney, the company's financial aggregator subsidiary, to go public; excluding these expenses, Ameritrade should break even for the quarter, Lehman said. > I think the new estimate was for a loss of 8 cents. Not profit. (That comes next quarter when advertising drops to 40 millin from 60 million, and the OnMoney spending by AMTD stops)

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