E*Trade (NYSE:ET) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

ET 16.45

-2.5%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DD™ who wrote (4718)	2/3/1999 1:25:00 PM
From: Tom_	Read Replies (3) of 13953

A system failure... ...is not the same as a power outage. The COO made it clear on CNBC that it was an internal problem. The headline writer at Reuters or Yahoo got it wrong. The real problem, IMO, and the reason I have not invested in this company yet for the long term, despite being generally pleased with their service, is their propensity to twist. I first saw it in the summer of 97 when their system went to hell and their message was nothing really wrong here; and again with their spin last fall. It may be good business ethics, I don't know. Apparently it may still linger. In her CNBC phone interview COO Levinson's initial take on today was that customers began "having difficulty" making trades. Only much later in the interview, did she admit that they "couldn't enter orders." This is not a subtle difference; it's fundamental. It shows a mindset. It does not engender confidence, IMO. Tom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next