E*Trade (NYSE:ET) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

ET 17.01

+2.3%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jon Stept who wrote (6726)	6/2/1999 12:05:00 PM
From: WhySoSoon	Read Replies (1) of 13953

Hi Jon, I am looking way into the future. You know what? I can sense sometime down the road, ETrade will come in full circle. I believe there will be a day that ETrade will also have brick and mortar. I can see that humans (at least some) really need relationship and human interaction. So I won't be surprised at all if they make that move. But certainly it is not now. On another note: I also understand that an average American is something like 140% more debts than assets in 1998. These debts can be loans ranging from personal loans to mortgage to margins. What we are witnessing these days is the inflated asset base get deflated. Because of the asset base of most people get reduced, there will be a repercussion effect in spending habit. The multiplier, IMHO, will be quite significant. People will have to spend less and the impact will be great if this persists.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next