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


To: ecommerceman who wrote (9457)11/18/1999 8:41:00 AM
From: Spytrdr  Read Replies (1) | Respond to of 13953
 
oh really?
yawn...
zzzzzzzzz
somebody should warn those guys that information they currently charge for by selling newspapers is already FREE too, and so are classified ads.

___
"The Washington Post says that online trading fees are headed drastically lower...
washingtonpost.com;



To: ecommerceman who wrote (9457)11/18/1999 8:43:00 AM
From: Michael Calderon  Read Replies (1) | Respond to of 13953
 
From the Washington Post article....

-snip-

".....Galbraith predicts that many people will realize that rapid-fire trading is self-defeating. "We expect to see a profound deceleration in trades in a period of lower market returns," Galbraith's report said. "The novelty factor of the Internet brokerage business is wearing off--and fast."

The article is very negative on the future of OLB's revenues. The author made no effort to promote any type of counter-argument.

I still am long on EGRP....I think the novelty of this guy Galbraith is wearing off!

MJC