E*Trade (NYSE:ET) Message Board

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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 (12276)	3/7/2000 11:23:00 AM
From: Spytrdr	Read Replies (1) of 13953

The analysts also raised estimates for E*Trade. "We are raising our fiscal 2Q00 and FY00 rev estimates to $445 mil (from $418 mil) and $1.262 bil (from $1.188 bil), respectively. Our FY00 net loss est is now ($0.46) from ($0.51). No change in 2Q00 est. as marketing spending should offset incremental revs and gross margin improvement." "Establishing FY01 net revenue and loss estimates of $1.73 bil (up 37%) and ($0.10) per share, respectively. We expect break-even in 3Q01."

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