E*Trade (NYSE:ET) Message Board

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

ET 16.57

-1.5%

Dec 2 3:59 PM EST

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To: Iceberg who wrote (5120)	2/10/1999 9:05:00 PM
From: ecommerceman	Read Replies (1) of 13953

I think it's interesting that everyone who is upset about ETrade's admittedly faulty recent service (which I don't excuse) is complaining about all of the money they lost--you'd think that everyone of them was some sort of Master of the Universe who never made a trade that lost money. Sorry, folks, but I don't buy it. If they couldn't make a trade because ETrade was down, the actual reality was that they were just as likely to have saved money as lost money (there being a "loser" and a "winner" on every transaction, depending on the time frame). E*Trade needs to get their stuff together (which they're doing), but all this chest-beating about the vast fortunes that have been lost because the service was down is crap. As many "fortunes" were saved as lost.

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