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


To: Spytrdr who wrote (9073)10/27/1999 2:25:00 PM
From: WallStBum  Read Replies (1) | Respond to of 13953
 
Spy, you fool, you clearly were remiss in not mentioning the true need to own SCMR at $204, with 78,000,000 million shares. A paltry $15.9 Billion dollar company for TTM sales of $11 million (per Yahoo).

Piss on EGRP. :)



To: Spytrdr who wrote (9073)10/27/1999 6:15:00 PM
From: Curtis E. Bemis  Respond to of 13953
 
New E*Trade S3 filing--

The Clearstation folks get the chance to sell 10% of their
beneficial shares. 33K shares total.

10kwizard.com

BTW- If you ever need any SEC filing, 10kwizard.com
is my choice. Edgar-On-Line wants to charge you and EOL
bought Free-Edgar. 10KWizard is faster and FREE



To: Spytrdr who wrote (9073)10/27/1999 11:20:00 PM
From: Spytrdr  Read Replies (1) | Respond to of 13953
 
FOCUS-U.S. corporate leaders see little pricing power

By Caren Bohan

BOCA RATON, Fla., Oct 27 (Reuters) - Leaders of large U.S. corporations see little ability to raise prices despite a buoyant economy, and many believe growth in electronic commerce will help to keep inflation at bay in coming years, the Business Council said on Wednesday.

The Business Council, representing chief executive officers from an array of major companies such as AT&T (NYSE:T - news), Johnson & Johnson (NYSE:JNJ - news) and Citigroup (NYSE:C - news), said a poll of its members showed that the CEOs were upbeat about the U.S. economy, now in its ninth year of expansion. They described the market for available workers as tight and possibly getting tighter.

Corporate leaders saw little sign of an economic slowdown, even though many of their staff economists expected one.

``We seem to be complacent,' said Citigroup Chairman and Co-CEO Sandy Weill, who at a news conference summarized the results of a survey of council members. ``Most of the members seem to think that the economy (in 2000) is not going to be much different from 1999 or 1998.'

The council did not release specific percentage figures for the survey but a report on the members' views said they characterized business activity right now as either stronger than six months ago or little changed.

The economic report was prepared for the council's semiannual meeting here.

At a time when rebounding commodity prices and the tight labor market have left Wall Street investors jittery about inflation, Business Council members saw little reason to fret.

``Nobody feels they have any pricing power,' Weill said, adding that because of intense competition, companies were being forced to absorb the higher commodity prices rather than pass them along to consumers.

The council said that in the poll, members reported pricing power was either weaker than six months ago or little changed ``but still soft.'

Business leaders across economic sectors who appeared at the news conference cited examples of difficulty making any price rises stick.

Ralph Larsen, chairman of health-care giant Johnson & Johnson, said while business has been brisk overall, the company was actually seeing deflation for many old products. As a result, the key to profitability has been constantly develop new products and to focus on bolstering productivity.

Electronic commerce was likely to reinforce the benign price trend, council members said. ``Council members expect e-commerce to raise productivity and decrease costs within their own firms. About half expect e-commerce to lower their own firms' pricing power,' the economic report said.

Concerning business costs, the group said health-care costs were picking up, with members projecting an average rise of 8 percent in 2000.

Executives said the tight job market has prompted them to boost salaries to retain workers in some cases and to offer benefits such as stock options and flexible work schedules. They said the flexible schedules and other benefits had helped to hold the line on wage costs, which otherwise might have accelerated faster given the strength of the labor market.

The Federal Reserve, which has raised interest rates twice this year already, is keeping a close eye on the labor market for signs of inflationary pressures.

Many investors believe the Fed could be poised to lift rates for a third time, possibly at its next meeting on Nov. 16. Business Council members will get to hear for themselves Fed Chairman Alan Greenspan's views about ``Technology and the Economy' when he delivers a speech here on Thursday evening.

He may or may not decide to drop some hints about where he is leaning on interest rates. The U.S. central bank chief's remarks are scheduled for 7:30 p.m. (2330 GMT).

For his part, Weill said the low inflation argued against a near-term rate rise. ``As of right now, I would say the odds are little bit in favor the fact that there won't be any rate rise through the end of the year,' he predicted.



To: Spytrdr who wrote (9073)10/28/1999 1:17:00 AM
From: Spytrdr  Read Replies (1) | Respond to of 13953
 
E*Trade founder gives record $25 million to MIT

Thursday October 28, 12:00 am Eastern Time

biz.yahoo.com

BOSTON, Oct 28 (Reuters) - William Porter, founder and chairman emeritus of online trading powerhouse E*Trade (NasdaqNM:EGRP - news), has donated $25 million to the Massachusetts Institute of Technology Sloan School of Management to build a new management center, MIT said on Thursday.

The gift is the largest the Sloan school has ever received and will make up nearly half of the $55 million Sloan expects to raise for the new William A. Porter Management Center.

``We decided to give one major gift that would have significant meaning for humankind,' Porter said in a statement issued by MIT.

Porter earned a Master's degree from Sloan in 1967. Porter's latest project is the creation of an electronic options exchange called International Securities Exchange, a $90 million start-up that will begin operations in March 2000.



To: Spytrdr who wrote (9073)10/29/1999 1:34:00 AM
From: Spytrdr  Read Replies (1) | Respond to of 13953
 
moneycentral.msn.com