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

ET 16.56

+0.9%

Dec 12 9:30 AM EST

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To: Bosco who wrote (4991)	2/6/1999 7:19:00 PM
From: NewKit	of 13953

Bosco, 100% agree with you. The story of AOL and EGRP are not the same. People don't lost money when AOL was down but EGRP YES. How many people love the feeling of panic and fear? People stay with AOL may be because of email address reason as they don't want to take the trouble to inform their contacts and news sources. What does EGRP has to hold their customers back? An account transfer form will close everything. Would new comers want to join the nightmare? In EGRP, an active trader will easily pay more than 1k/month for commission. If top 10% of their active customers left, EGRP's revenue will be down by few million/month. I still think 10% is very conservative. For those who think EGRP is a good buy, watch out the numbers for next two quarters. For sure I'm not going to buy until they prove they can!!

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