E*Trade (NYSE:ET) Message Board

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

ET 16.36

+0.3%

3:59 PM EST

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To: Oeconomicus who wrote (3127)	7/11/1998 10:39:00 PM
From: CanynGirl	Read Replies (3) of 13953

I'm still cautious on earnings. Etrade has been running a promotion in June to increase transactions. They offered $50 credit if you completed 5 transactions by June 30th - the credit to be paid July 31st. You can read that as they were coming up short on revenues, or they wanted to pump up revenues for a gangbuster release. We'll see. A few things introduced in Q2, probably won't impact numbers much until the 2H, though they look promising: 1) Professional Edge - BA Rob Stephens research reports 2) Etrade Visa 3) Marketplace FWIW, I've used ETrade since it's beginning. I only recently transferred my 'very long' account from a full brokerage to Etrade. About 4-5 months ago, I checked out about a dozen online brokerages to see if I should switch before I made the transfer. They all have their tradeoffs, so no one convinced me to leave. I like the services they keep adding, and the plans for more services. I am anxiously awaiting the Destination ETrade launch. Knowing they have all this money in the bank now makes me feel very secure with my decision to stay. I expect good things from Etrade in the future.

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