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


To: Spytrdr who wrote (9633)12/3/1999 8:09:00 AM
From: ecommerceman  Read Replies (1) | Respond to of 13953
 
More EGRP in S&P 500 speculation...

From the Bull Market Report:

WHO'S NEXT FOR THE S&P 500?
by Kevin Prigel

With the addition of Yahoo to the S&P 500, Standard and Poor's has signaled
that they are ready to realize the importance of the Internet in our
economy. The important question for investors is, who's next?

Most Likely Candidate
Amazon.com (AMZN) - As the largest internet retailer, Amazon.com is a
virtual shoe-in for the S&P 500. The key to getting the stock in the index
will be continued domination of the e-tailing landscape, demonstrated
through a blow-out 4th quarter.

First Runner Up
E*Trade Group (EGRP) - Although they are far from the 4th largest web
company (Amazon), E*Trade represents a vital portion of the new economy,
online financial services, that is totally unrepresented in the S&P 500.
The argument could be made that E*Trade should be the next choice, since
AOL and Yahoo have retailing components.
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