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


To: Spytrdr who wrote (8619)9/27/1999 11:52:00 PM
From: Spytrdr  Respond to of 13953
 
more:

1. "E*TRADE's strategy is to provide the widest array of financial products anywhere in cyberspace. For the high-end investor, E*TRADE offers all the content bells and whistles--live quotes, news feeds, research, IPO access. Through strategic partnerships with and/or ownership interests in such companies as InsWeb, E*Loan, E*Offering, and Telebank, E*TRADE is moving steadily toward becoming THE online supermarket capable of offering trading, insurance, mortgage lending, banking, and almost any other financial service. (then talks about Power E*trade service and after hours Instinet service)."

2. "Not content with targeting the U.S. market, E*TRADE also operates in more than 10 foreign countries and has plans for countless more. To this end, E*TRADE recently acquired TIR Holdings, Ltd., a company that provides multi-currency securities execution and settlement services."

3. "In addition to retail investors, E*TRADE is also targeting corporate and institutional investors through the creation of a Business Solutions Group. This newly-formed group contains the ShareData and OptionsLink businesses. ShareData is a supplier of software to administer corporate stock purchase plans, while OptionsLink provides an electronic system for stock option and stock purchase plan services and stock execution."

4. "E*TRADE has one of, if not the strongest financial brand on the Internet. As measured by Media Metrix's unique visitor and reach statistics, E*TRADE is second only to Intuit's Quicken.com, and is a safe margin above such players as Fidelity, Schwab, and DLJDirect."

The reports goes on to talk about the strong merits of management and breadth of product offering (particularly as it pertains to Telebank acquisition).



To: Spytrdr who wrote (8619)9/30/1999 7:31:00 AM
From: ecommerceman  Read Replies (1) | Respond to of 13953
 
Spy--just back in town (finally)--thanks for the great and encouraging report from Solamon Smith Barney; it must have killed them to write such a positive report....