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Non-Tech : E*Trade (NYSE:ET)
ET 16.800.0%Dec 5 9:30 AM EST

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To: let who wrote (5265)2/18/1999 10:29:00 PM
From: Oeconomicus  Read Replies (1) of 13953
 
With all due respect, this AOL comparison is getting a bit ridiculous. Comparing revenue per customer would be meaningful if they were in the same or even similar industries. They are not. Cost structures and capital requirements may not come into the calculations of most internut stock analysts, but in the long run, return on invested capital is what matters. Revenue means nothing by itself. Unfortunately, that seems to be the only number the analysts and many internut stock buyers bother looking at.

Just my 2 cents.
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