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Non-Tech : E*Trade (NYSE:ET)
ET 17.01+2.3%3:59 PM EST
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To: Oeconomicus who wrote (2536)3/13/1998 8:12:00 PM
From: Russian Bear  Read Replies (1) of 13953
 
Bob and all,

I do not know what, specifically, caused today's decline. It could, I suppose, be the result of general anticipation of a negative review of its service from Barron's. AMTD, incidentally, also fell sharply.

One important recent development in the online brokerage business is Brown and Company's entrance into this market niche. This is, in my view, a serious development for EGRP, et al. The following post, from March 3rd, summarizes my thoughts:
exchange2000.com

Any comments would be appreciated,
RB
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