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

ET 16.51

-0.8%

Nov 21 9:30 AM EST

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To: Phil Tran who wrote ()	3/22/2000 1:07:00 PM
From: Francis Muir	Read Replies (1) of 13953

This on Softbank: "At the moment, that business model is in a virtuous cycle given soaring hopes for just about any Internet firm. But once those hopes ebb and the market becomes more selective about startups, there is a high risk of the cycle going the other way," said IBJ's Fukuda. Gotta love those virtuous cycles.

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