SI
SI
discoversearch

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) -- Ignore unavailable to you. Want to Upgrade?


To: WhySoSoon who wrote (7175)6/16/1999 12:02:00 AM
From: Spytrdr  Read Replies (2) | Respond to of 13953
 
great idea IW, send an email to Jerry Gramaglia, VP of marketing at E*Trade.
i just received the following email from E*Trade:

"Dear E*TRADE Customer:

We'd like to invite you to join a small, select group
of E*TRADE customers chosen to preview upcoming
enhancements to our Web site.

These new enhancements incorporate input from E*TRADE
customers like you, including easier navigation, better
access to tools, faster research, consolidated account
services, and our new Bond Center.

As a member of a preview group, you'll be asked to spend
a specified period of time using the new feature(s) and
give us your feedback online. Your comments will be used
to fine-tune our enhancements before they launch.

To thank you for your time and effort, we'll credit you
with **two free trades** after the preview period has ended.

If you're interested, simply fill out the information below
and reply to this message by June 17, 1999. We'll contact
you with instructions on how to get started.

We hope you'll be able to participate.

Regards,

THE E*TRADE PRODUCT TEAM

XXXXXXXXXXXX"



To: WhySoSoon who wrote (7175)6/16/1999 12:36:00 AM
From: Spytrdr  Respond to of 13953
 
Softbank Rises as Japanese Nasdaq Seen Strengthening Portfolio

Bloomberg News
June 15, 1999, 6:51 p.m. PT
Softbank Rises as Japanese Nasdaq Seen Strengthening Portfolio

Tokyo, June 16 (Bloomberg) -- Softbank Corp.'s stock rose as
much as 7.2 percent after the Internet investment company said it
will work with the National Association of Securities Dealers to
establish a Japanese version of the NASD's Nasdaq Stock Market.

The Tokyo-based company, which has grown from Japan's
biggest software distributor into the one of the world's largest
financiers of online businesses, rose as much as 1,260 yen to
18,870 in morning trading of 773,200 shares. The shares recently
traded at 18,620.

Investors bought shares on expectations the establishment of
a Japanese Nasdaq will provide fertile ground for Softbank's
affiliates to go public. Softbank, which has stakes in more than
100 unlisted Internet companies, has accumulated $11 billion in
unrealized gains on a series of early bets on fast-growing online
ventures including Yahoo! Inc.

''In the middle term, this new market will help build up
Softbank's latent profits by accelerating the pace of share
offerings by group companies,'' said Hiromi Koyama, an analyst at
Taiheiyo Securities Co., who rates Softbank's stock ''hold.'' He
added, however, that ''the move will have no effect on short-term
earnings.''

Softbank's billionaire founder Masayoshi Son said last month
he expects seven of the company's affiliates to go public over
the next six months.

The new market, called Nasdaq-Japan market, will offer
extended-hours trading in Nasdaq stocks and in newly public
Japanese companies. Organizers plan to begin operating in the
fourth quarter of next year, initially listing between 50 and 100
of the largest Nasdaq stocks.

Softbank's affiliation with a Japanese Nasdaq may also make
the company more attractive as a partner for Internet ventures.

''The positive development for Softbank is that it gives
them more credibility,'' said Mahendra Negi, an analyst at
Merrill Lynch Japan Inc., who rates Softbank's stock ''buy.'' ''A
startup company here in Japan which is considering taking venture
capital financing from (several) investors might actually opt for
Softbank because they think they are going to able to list on
this Nasdaq Japan market.''

Nadsaq was founded in 1971 and is today the second-largest
U.S. stock market, listing 4,449 companies.