E*Trade (NYSE:ET) Message Board

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

ET 16.36

-0.1%

9:49 AM EST

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To: Heidi who wrote (3295)	7/17/1998 3:52:00 PM
From: Rick	Read Replies (2) of 13953

Charles Schwab is up 5 points on rumors of being acquired by an investment bank. This will underscore the value of discount and electronic brokers as a component of a large bank or investment bank. Bottom line is that no matter how good or bad earnings are, ETrade has a valuable business that could likely be sold out a a serious premium. If a deal goes through with Schwab, look for lots of interest in ETrade. Lovin' It. Rick.

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