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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: Spytrdr who wrote (12788)	3/24/2000 11:14:00 AM
From: Curtis E. Bemis	Read Replies (1) of 13953

U.S. Bancorp Piper Jaffray analyst Stephen Franco said Friday he was raising his revenue and EPS view of online brokerages AMERITRADE HOLDING CORPORATION (24, up 2-1/16 @ 10:28 am ET) and ETRADE GROUP INC (30-3/4, up 2-7/8) citing strength from unprecedented trading volumes. Rated ETrade a strong buy and Ameritrade a buy. Raised E*Trade 2Q EPS view to loss of $0.15 from loss of $0.21 and 2Q revenue estimate to $350.7 mln from $296 mln. Upped Ameritrade 2Q EPS view to loss of $0.04 from loss of $0.14 and 2Q revenue forecast to $151 mln from $119 mln.

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