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

ET 17.01

+2.3%

Nov 14 9:30 AM EST

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To: Johnnie W. who wrote (2474)	2/26/1998 5:58:00 PM
From: mod	Read Replies (2) of 13953

Just got a mailing from Brown & Co. Effective 3/2/98, they are adding internet trading (hard to believe it's taken them this long). They are also reducing their commissions to $5/market order, $10/limit order, for up to 5,000 shares. As some of you may know, Brown is a subsidiary of Chase Manhattan Corp, largest bank in the US. Any impact on E-Trade? Brown has always pitched themselves for the "experienced investor", is this a different customer then an E-Trade customer? Dennis

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