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

To: ecommerceman who wrote (7360)	6/28/1999 2:55:00 PM
From: WhySoSoon	Read Replies (2) \| Respond to of 13953

That is 23 million added per year or 62,500 per day As I said, the market cap of ETrade will increase in line with the number of accounts that it gets. The leverage from other cross brand promotions and the synergy from acquisitions will produce a multiplier effect that we should not underestimate. This will translate to the bottom line and at this point, the most important metric to measure the financial strength is the free cash flow. In order to implement the expansion plan, a company must have cash to do it and ETrade gets it. (OT: The reason that AMTD goes to the market for a secondary stock offering is its cash flow situation.)