To: TechMkt who wrote (145802 ) 10/26/1999 9:00:00 AM From: Calvin Respond to of 176387
Fez, how many of those people will be replacing their "free PC" by a Dell computer next year? ------------------------------------------------------------------------------E*TRADE Teams With Micro Electronics to Make Free Computers Available Joint Promotion Offers Web-Based and Retail Options for Consumers to Take Control of Their Financial Future by Investing Online on Their New PCs MENLO PARK, Calif., Oct. 26 /PRNewswire/ -- E*TRADE(R) Group Inc. (Nasdaq: EGRP) today announced an innovative joint promotion with Micro Electronics, Inc. and three of its subsidiaries -- MyFavoritePC.com, WinBook, and Micro Center -- that further empowers consumers to take control of their financial futures by offering them free personal computers (PC) through a $400 rebate. Customers who purchase a qualifying PC or PC equipment and elect to open a new E*TRADE account will receive a $400 rebate through Nov. 30, 1999. E*TRADE has created a co-branded web site where consumers can receive a free computer after rebate from MyFavoritePC at (http://www.myfavoritepc.com/etrade) or save $400 after rebate on a notebook computer from WinBook (http://www.winbook.com) when opening an E*TRADE account. Customers who complete transactions online will receive a $400 rebate which will be placed in their new E*TRADE account. Some of the qualifying PCs are priced as low as $550 (this offer does not include the monitor). Combining the manufacturer's rebate of $100, a $50 mail-in rebate and the $400 E*TRADE rebate, the consumer can receive a free PC from MyFavoritePC or a notebook computer from WinBook for as little as $599 after rebate. "E*TRADE is all about empowering individuals with the right tools and information to take control of their financial lives," said Jerry Gramaglia, chief marketing officer for E*TRADE. "Combining PCs and an E*TRADE account opens the world of personal finance to many more consumers." Consumers who visit a MicroCenter retail outlet and purchase a qualifying PC will be given an E*TRADE account application if they request it. They must return to E*TRADE the application with a copy of the receipt from MicroCenter by Nov. 30, 1999 and E*TRADE will credit their new account with a $400 rebate from the purchase of the computer. Micro Center locations are listed on the Micro Center web site at microcenter.com . The Details This offer is valid only for new E*TRADE customers opening individual and joint accounts. It is not valid for IRAs and other retirement, custodial, business or club accounts, and there is a limit of one new account bonus per household and type of account. The E*TRADE account must remain open and funded with the minimum initial deposit ($1,000 for cash accounts, $2,000 for margin accounts) for at least one year. Only U.S. residents are eligible. A rebate of $400 for a qualifying computer purchase will be posted to the E*TRADE account within approximately eight weeks of application approval and account funding. For more information about the offer, consumers can call 800-ETRADE, or visit etrade.com .