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

To: ecommerceman who wrote (7664)	7/19/1999 8:55:00 AM
From: amic	Read Replies (3) \| Respond to of 13953

Eman, Great article indeed, but I think Burke and yourself might be missing a point about ETrade international moves. Look at it from an international investor viewpoint. I am French, based in Germany. I use ETrade to trade US stock on NASDAQ or NYSE, my German bank to trade in Germany, and until 1 month ago my French bank to trade in France. I say until 1 month ago, because now my French broker is ... CPR ETrade, the French JV of ETrade. I think ETrade international moves are going to allow them to gain a lot of international investors who would love to use Etrade, but do not currently because they cannot trade stocks in their own countries, and prefer to stick to their local bank/broker to avoid having multiple accounts and contacts. e.g. as far as I am concerned, as soon as ETrade is available on the German market, ETrade will be my only broker for all the markets I invest in. That could mean a lot of new international users for ETrade, or at least as in my case, a lot more commissions. BTW for you US guys' perspective, in the French market, CPR ETrade is really a top quality broker (among discount brokers that is). Site is of top quality, information the best you can get, really in sync with what US ETrade is. So not only does E*Trade expands quickly, they are also obviously very serious about how they do it.