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

ET 16.59

-0.7%

3:59 PM EST

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To: speculatingvalue who wrote (13324)	4/26/2000 1:19:00 PM
From: BWAC	of 13953

Steve, To be honest? I think you are now purposely trying to cause some type of trouble. I now question your intentions. You are using the standard industry accepted language and wording to try and install fear into some unknowing potential or current customer, in my opinion. It is sad that some people in society resort to these such tactics. Telebank falls under the FDIC protection as all banks do. $100,000 cash per customer, per account. (Just like the bank of your choice on the corner in your home town.) Assets in your Etrade account ARE PROTECTED through SIPC. The limits are per customer, per account. (Just as they are with any and all other reputable brokers.) There is no protection for securities that lose market value. No one has that. No one can. No one could. No one will.

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