E*Trade (NYSE:ET) Message Board

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

ET 17.35

-0.6%

Jan 16 9:30 AM EST

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To: Oeconomicus who wrote (3385)	7/23/1998 4:50:00 PM
From: TLindt	Read Replies (3) of 13953

The bad news is out....going to spend that SoftBank money to grow and that will give us loses as we exchange cash for increased future revenues. When E-Trade starts to spend the money, if spent wisely the stock should bump up with each event. Over reaction, yep...getting out, nope. At $50 and a 2 for 1, I'll take my cash back if they are successful in tripling the customer base that is.

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