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

ET 16.92

-0.3%

Nov 19 3:59 PM EST

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To: marketbrief.com who wrote (6668)	6/1/1999 1:48:00 PM
From: Mary Henry	Read Replies (1) of 13953

I agree with your assessment that MER will have an impact, however, the force is still with ETrade (I apologize for any ties to the movie Star Wars). But Seriously, clearly ETrade is out to help the small investor. Believe me, MER's requirement that you deposit $20,000 for a starting position to get the $29.99 rate will NOT drive the masses to their door. E*Trade has a solid position here and their appeal is definitely getting stronger now, with the purchase of the online bank -- TeleBanc. -Mary

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