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

To: Spytrdr who wrote (8234)8/28/1999 6:00:00 AM
From: thomas odonoghue  Respond to of 13953
 
A sentence taken from the CBS Marketwatch News

If account growth rebounds from the summer slump, "I'm back to a bullish stance," he added.

This is pretty idiotic if you consider that account growth has been HUGE this summer!
I thought they were concerned with profits this summer.....Sheeeesh



To: Spytrdr who wrote (8234)8/28/1999 8:24:00 AM
From: Green Receipt  Read Replies (2) | Respond to of 13953
 
the interesting thing to note, is the market didn't really listen to lehman's downgrade. only one point down.



To: Spytrdr who wrote (8234)8/30/1999 9:01:00 PM
From: ecommerceman  Respond to of 13953
 
From the Bull Market Report:

$$$$$ E-TRADE, AMERITRADE DOWNGRADED

Lehman Brothers lowered their recommendations on both E-Trade and
Ameritrade to "outperform" from "buy" due to increased advertising
spending. The top eight e-brokers have budgeted over $1.2 billion for
marketing in fiscal 2000, up as much as $500 million from 1999.

COMMENT: We don't buy it. We know they're spending money. We expect
losses and are prepared to wait.


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