E*Trade (NYSE:ET) Message Board

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

ET 16.64

-1.7%

3:59 PM EST

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To: ecommerceman who wrote (6656)	6/1/1999 9:18:00 AM
From: WhySoSoon	Read Replies (1) of 13953

My first impression. Great move. Building online trading but buying online banking proves to me that Cotsakos is way ahead. When you evaluate this deal, you have to keep the synergy in mind. Building a on-line banking at this point is too costly and too slow for ETrade. Therefore, the obvious solution it to acquire. The leverage of this deal is on-line banking expertise and existing client base to ETrade. The bottom line is E*Trade now is one step closer to be the powerful financial portal.

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