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Non-Tech : E*Trade Responds

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To: Jones who wrote (16)8/18/1997 6:16:00 PM
From: mike gates   of 42
 
E*TRADE has more valuable services, such as first call estimates in its company reports, option analysis (Black Scholes and leverage analysis), news and an interactive portfollio manager (which I like to tinker with).

The main thing though is the excellent execution E*TRADE gives relative to Lombard. I would not use a Lombard account for day trading stocks; I would use E*TRADE, and based on what I have heard, DATEK, for that purpose. My experience in the last 6-9 months with E*TRADE has been great.

While E*TRADE and DATEK in my opinion will give outstandingly quick executions (DATEK garantees that orders will be executed in 60 seconds or your $10 transaction is free), only E*TRADE offers option trading.

Hope that helps.

MDG
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