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Non-Tech : Ameritrade

AMTD 1.040

+1.0%

Jan 9 9:30 AM EST

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To: Toni Wheeler who wrote (246)	9/3/1998 1:43:00 AM
From: Gil Gilbertson	Read Replies (1) of 513

Hi I moved over from A.G.E. also. I talked to Ameritrade today, their business has exploded, imagine that' when everyone is worried about business and profits of other companies, this business is booming the more volatile the market gets. They had a normal run of about 22000 shares perday and the last two days they did over 35000 per. I believe that would overwhelm any system. But, the important thing, is if the business is this good now with only a couple million on line investors and traders, where will it be when the servers and isps have solved the log jam problem. The market is 5 times bigger than it is now, talk about a growth opportunity. Their move to market share thru ads has been a sharp strategy. All that said, the market makers and big money boys know this also and will attempt to buy it as cheap as they can, just keep your powder dry take advantage of the market and manipulations to build a low cost portfolio. It offers options now, and that should attract more players. The delays are nothing compared to the big picture, the technology will come. Meanwhile, I havent had any problem getting thru on the phone with a max 3-5 min in the busiest times.....Yankee Gil

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