Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Diamond Jim who wrote (8113)	8/19/1999 11:50:00 AM
From: grogger	Respond to of 13953

The websites probably do hhave little in common as well as the service however, when bad news comes out on one they all seem to suffer..... They rosein tandem and fell together too. There is a strong correlation between the 2 based on the overall business strategy and profits that come with it.

To: Diamond Jim who wrote (8113)	8/19/1999 3:29:00 PM
From: Arv	Read Replies (1) \| Respond to of 13953

Yesterday's analyst cuts seem to defy all logic...flat revenues are not going to happen due to that active-trader (75+ trades per quarter) discount offer. What fraction of the revenue comes from that sub-population? How many more trades are going to happen due to the Instinet agrrement? Last month, we had downgrades due to the reduced overall market volume in June-July. This clearly runs contrary to TD WAterhouse's earnings release. It seems to me that individuals are taking control of their investments in larger numbers (not that it's necessarily a good thing)--drop off in overall market volume in June-july can probably nbe attributed solely to institutions.