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

ET 16.44

+1.0%

Nov 26 3:59 PM EST

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To: ecommerceman who wrote (5156)	2/14/1999 3:07:00 PM
From: italiana	Read Replies (2) of 13953

If AMTD posted commissions and clearing fees increase of 132% to $36.7 million in the 1st quarter of fiscal 1999, just imagine what ETrade will post. AMTD spent only $9.6 million in advertising the 1st quarter, a decrease of 61%, while ETrade is spending $25 million per quarter. AMTD received $4.9 million cash payments from NITE this quarter, this was from only 33,489 average trades per day. ETrade average trade per day doubles that figure. When ETrade posts it quarterly report for the 1st quarter of 1999 it will show that EGRP is a money making machine and that it is undervalued at $46 per share. EMO italiana

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