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


To: WallStBum who wrote (8472)9/14/1999 12:36:00 PM
From: Spytrdr  Read Replies (2) | Respond to of 13953
 
i received this:

"...As for account growth, last quarter we added 332,000
accounts, 43% more than we added in the previous quarter. This was also a
record for account growth in the industry. We recognized $151.7 million in
revenue, an increase of 128 percent from $66.5 million in the same period a
year earlier and up 20 percent from $126.8 million in the second quarter of
fiscal 1999.

In the current quarter we made a significant announcement about our newly
expanded Power E*TRADE service offering commissions as low as $4.95 for
active online investors and providing greater value and choice through a
broader array of product features. Coupled with our earlier announcement
that E*TRADE now offers after hours trading to all of its customers, the
expanded Power E*TRADE initiative is a dramatic step toward delivering
"24x7x366" access to customized services, education and transactional
capabilities to help customers achieve their personal financial goals.

As for recognition of E*TRADE's leadership and innovation in online
investing, E*TRADE is rated "Number 1 Online Investing Service" by both
Lafferty Information & Research (October 1998 and June, 1999) and by Gomez
Advisor (August & November of 1998 and June, 1999)."