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


To: Spytrdr who wrote (8418)9/12/1999 5:20:00 PM
From: ecommerceman  Read Replies (1) | Respond to of 13953
 
From the Web Report (Sept. 10th)

eBrokers - Weekly Stock Volume Report - Scott Appleby -

mailto:scott@rsco.com

Volumes Update - With only four trading days this week due to the

Labor Day Holiday, total trading volumes were down once again.

Average daily Nasdaq volume for the week September 1-7 was 858

million shares traded, down 1.8% from the previous week's (August

25-31) average daily volume of 873 million. The NetDex also

suffered this week with an average daily volume of 114,000 shares

traded, down 14.5% from last week's average daily volume of 133,000

shares. We believe the holiday weekend had a negative impact on

volumes as people took a break from trading to enjoy their day off.



The eBrokerDex took a small dip to 129 on September 1 and 2,

shortly after we reported last week's ending Index on August 31 of

131. Hos Ltd, an international financial institution providing

global securities execution and settlement services. While E*Trade

currently offers online trading for residents of the UK, Sverige

(Sweden, Finland, Norway, Iceland, and Denmark), Australia, Canada

and France, the acquisition of TIR will further E*Trade's

international capabilties, allowing it to offer its online

customers access to global securities trading. We continue to

believe E*Trade is well positioned as a global leader in the online

brokerage industry.


However, prices went back up toward the end of the week,

closing at 135 on September 7, up 3% from last week. While the

eBrokerDex is still down 28% from the beginning of the quarter, we

once again emphasize our belief that the Brokers' lackluster

performance is a result of the seasonal lull in trading volumes

that occurs each year.

E*Trade Update- This week, E*Trade completed its acquisition of

TIR Holding



To: Spytrdr who wrote (8418)9/13/1999 1:31:00 PM
From: Spytrdr  Read Replies (5) | Respond to of 13953
 
ATTENTION INVESTORS:
REMEMBER ONLINE TRADING VOLUMES HAVE SLOWED A LITTLE BIT DURING THE SUMMER MONTHS.
PEOPLE WERE ON VACATION, REMEMBER?
SO CS FIRST BOSTON, IN A VERY SMART MOVE, WANTS US TO SELL EGRP AND NITE AND SCH AND CITICORP AND BUY (STRONG BUY!!) BAMBOO.COM AND ALOY ONLINE.
PLEASE DON'T FORGET THAT DURING AUGUST PEOPLE GO ON VACATION AND DON'T TRADE THAT MUCH.

So THE SHOPPING LIST FOR TODAY IS:
HOOV, EDGR, TSCM, BAMB

BUY ALL YOU CAN BUY OF THESE BLUE CHIPS TODAY, BEFORE PRICES RISE EVEN FURTHER, REMEMBER THESE BLUE CHIPS DON'T STAY DOWN FOR LONG.
YOU CAN ALSO ADD SOME LIOX AND SRCH TO THE MIX.



To: Spytrdr who wrote (8418)9/13/1999 1:35:00 PM
From: Spytrdr  Read Replies (1) | Respond to of 13953
 
E*Trade Explores Physical World Partnership
September 10, 1999
by: Gomez Staff

Never say never.... E*Trade, which has regularly downplayed the need for a physical world presence, is considering an alliance with a bricks and mortar financial firm, Dow Jones reported.
E*Trade chairman Christos Cotsakos reportedly told analysts the e-broker is looking into such an alliance, but didn?t detail the type of partnership or firm with which it is seeking.

Costaskos? comments underscore E*Trade's need to get more intimate with customers. An E*Trade executive told Dow Jones the firm was considering a number of alternatives to blend electronic trading with some level of human interaction (something that could help E*Trade position itself among the next wave of online investors, many of whom are not as Web savvy as their predecessors).

Allying with a firm that has built an extensive branch network is one option for E*Trade to pursue. A branch network would generate walk-in business and provide back-up in the event E*Trade?s systems go offline for an extended period of time.

Schwab customers, for example, are able to place trades at the firm?s branch offices (at the same price as they would pay on the Web) and get questions resolved during site outages. Roughly half of the big discounter's accounts are opened at its branches.

Stay tuned: E*Trade expects to reveal its hand within the next couple of months, the news service noted.