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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?

To: Spytrdr who wrote (6951)	6/7/1999 1:02:00 PM
From: Frederick Langford	Read Replies (1) \| Respond to of 13953

Have acct's in both Etrade and Schwab, and Merrill. Schwab like an elephant and more expensive, plus no Pulse. Took profits on my Schwab to get Etrade under $ 40. Fred

To: Spytrdr who wrote (6951)	6/7/1999 1:21:00 PM
From: X Y Zebra	Read Replies (3) \| Respond to of 13953

Because the advantages I get from Schwab (500), are many to simply switch due to a $10.00 difference. I see the commission as a business expense, I would hope that my trading will not be affected by a $10.00 per trade commission differential, (on a volume basis, yes, I acknowledge that it does make a difference). However, the conveniences I receive are many, (at one point, they included a similar set up as you described earlier), today, I am getting other type of benefits, plus the speed, good service, have been excellent, at least for me. In the future, I would expect that Schwab may close the gap between E-Trade, in terms of the services you have mentioned. However, do not forget, that one issue is: Which broker to use ? and another is: Which firm to invest in ? Two different questions.... And finally, do not misunderstand my statements, by no means I think E-trade is a bad investment, I am simply pointing out that Schwab is a formidable competitor, not to be dismissed easily... Now, if I were suggesting Merrill Lynch.... then I would be the first one to flame myself <g>