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

To: Spytrdr who wrote (7823)	7/29/1999 12:48:00 AM
From: Spytrdr	Respond to of 13953

Wednesday July 28, 9:02 pm Eastern Time ETrade starts online trading operation in UK NEW YORK, July 28 (Reuters) - ETrade Group Inc. (Nasdaq:EGRP - news), the No. 2 U.S. Internet brokerage, said on Wednesday it started to offer Web stock trading in the UK, following in the footsteps of industry leader Charles Schwab Corp. (NYSE:SCH - news). The Menlo Park, Calif.-firm is partnering with Electronic Share Information, a Cambridge, England, company that offers online financial data and news, to bring online trading through the site www.etrade.co.uk. ETrade's overseas foray follows an earlier move by Schwab, the No. 1 U.S. discount and Internet brokerage, to bring Web trading to European investors from its London-based operation. ETrade, which has concluded a string of joint ventures with overseas partners and other Web brokers hope that Web trading will catch on as fast abroad as it has in the United States. Some 7 million to 10 million Americans have opened online stock trading accounts in the last three years, creating an entirely new industry. These investors funneled an estimated 575,000 trades per day through the Internet in the second quarter. In Europe, Internet trading still is in its infancy, with an estimated 100,000 users now. That number is expected to triple by the year's end as Europeans take greater control of their finances, according to market research firm Forrester Research. ETrade UK's commissions start at 14.95 British pounds ($24) per stock trade, $9 more than what the brokerage charges in the U.S. but well-below what most U.K. brokers charge. ETrade will have access to Electronic Share's 250,000 registered users. Schwab currently has 21,000 online investors with 26,000 online accounts in Europe, the brunt of which are in the UK. By comparison, Schwab has 6.2 million accounts in the U.S. and signed up 422,000 new customers in the second quarter alone.

To: Spytrdr who wrote (7823)	7/30/1999 6:18:00 PM
From: Spytrdr	Read Replies (1) \| Respond to of 13953

FUTURE FANTASTIC 50 STOCKS "Jubak's Journal Votes are in! See the Future Fantastic 50 stocks Nearly 12,000 reader votes have been cast and counted. Here's the portfolio of companies you and I think will shine in five years -- and five more years beyond that. By Jim Jubak What stocks would you want in your portfolio in 2004? The folks who read this column voted for Cisco Systems (CSCO), Qualcomm (QCOM), E*Trade (EGRP) and JDS Uniphase (JDSU). But they gave a thumbs-down to (...)" read on: moneycentral.msn.com