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Non-Tech : E*Trade (NYSE:ET)
ET 16.93+1.7%1:42 PM EST

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To: Jim B who wrote (13190)4/17/2000 7:44:00 PM
From: Spytrdr   of 13953
 
Ameritrade and the rest are harmless.
ETrade is the one to worry about, with the kind of account growth it is showing.
don't forget MONEY FOLLOWS ACCOUNTS.
the growth of assets under management has already begun to accelerate.
ETrade said in the conference call 3/4s of new accounts are coming "from legacy brokers".
MONEY WILL FOLLOW.
wouldn't you worry if you were them?

___
"what a joke! this stock isn't rewarded when times are good.. it isn't rewarded when tech rallies.. nor when financials rally nor when other OLBs rally (not lately anyway)... nor when good news comes out (merger completion of telebanc or ATMs) nor when we SMASH earnings..
there's always some excuse not to buy EGRP out there... both SCH and AMTD closed UP today... why were we down so much?"
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