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Non-Tech : E*Trade (NYSE:ET)
ET 16.64+0.3%Nov 13 3:59 PM EST
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To: Phil Tran who wrote ()4/13/2000 9:39:00 PM
From: Spytrdr   of 13953
 
"The full-service firms have not only failed to put a dent in the account growth of Internet-only brokers, but actually bring in more customers, E*Trade's Cotsakos said.

``Given the disappointing results (the full-service firms) have had, the net result is that they are cannibalizing their existing customer base,' Cotsakos said. ``More importantly, they are giving credibility to a company like E*Trade.'""
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