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Non-Tech : E*Trade (NYSE:ET)
ET 16.31-1.1%3:23 PM EST
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To: Mandinga who wrote (5102)2/10/1999 3:20:00 PM
From: ecommerceman  Read Replies (1) of 13953
 
Here's some much-needed good news: Irving Wieser, chairman of Dain Rauscher and immediate past chairman of the Securities Industry Association, just wrote a piece in the trade magazine American Banker in which he says: "22% of all trades are conducted over the Internet and online accounts total nearly $700 billion. And the Securities Industry Association study revealed that three of 10 investors who do not trade on the Internet say they may do so or are likely to do so in the next 12 months."

That is a huge number folks, and is reason enough to jump back into E*Trade. With the new Alpharetta, Georgia operation coming on line in the next couple of weeks, E*Trade's problems should be over and with all of the prospective customers coming our way, we should be ready to rock and roll.
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