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

ET 16.44

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Nov 26 3:59 PM EST

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To: Phil Tran who wrote ()	3/13/2000 9:55:00 AM
From: Spytrdr	Read Replies (1) of 13953

ETrade Agrees to Buy ATM Operator Card Capture 3/13/00 5:44:00 AM Source: Bloomberg News Menlo Park, California, March 13 (Bloomberg) -- ETrade Group Inc. said it will buy automatic teller machine operator Card Capture Services Inc. for an undisclosed amount, as the second- largest online broker seeks to create a physical presence for its brokerage and banking services. Quote Snapshot EGRP 26.50 0.00 SCH 53.00 0.00 TWE 19.88 0.00 ú Messages Enter symbol: ú Symbol Lookup sponsored by Quotes delayed 20+ minutes Trade Now with our broker sponsors ETrade plans to convert some of the 8,500 ATM machines of the closely held Card Capture to financial kiosks, where customers can access their banking and brokerage accounts. ETrade completed its purchase of online bank Telebank in January. 'This acquisition supports ETrade's mission of democratizing financial services by giving consumers even more opportunities and choices to benefit from the value and convenience of online banking and investing,' ETrade's chairman and chief executive Christos M. Cotsakos said in a statement. E*Trade last month leased 30,000 square feet of street-level space in midtown Manhattan, around the corner from branches for rival brokerages Charles Schwab Corp., Fidelity Investments and TD Waterhouse Group Inc.

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