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

To: thinkbach who wrote (9649)	12/4/1999 5:45:00 AM
From: Spytrdr	Read Replies (2) \| Respond to of 13953

"the synergy between Softbank/Yahoo/ETrade, and the broad sweep of their shared vision" excellent point Thinkbach, you're an intelligent individual. that's exactly the KEY here, the synergy between Softbank/Yahoo/Etrade, that's why i am so WILDLY bullish on this company, and if it takes a lot of patience until the whole world recognizes that fact, so be it, once they do, EGRP will not be a $ 31 stock anymore, but probably triple or more. that's why it drives me crazy when an analyst gives a strong buy to NDB because it's "cheaper", and a hold to ETrade. that analyst should be fired immediately and go flip hamburgers at the tiniest Wendy's in Whichita Falls. either those analysts are too stupid to become aware of that very obvious connection and the staggering proportions of that synergy, or they are so aware and terrified that are trying to blind investors to that very fact and steer them away from this JEWEL of a company for as long as possible, scared that one day this ETRADE juggernaut will devour them and replace their analyses with a software program (have you guys checked Financial Engines, by the way?). i've been trying to make that point clear for months to whoever wants to listen. people are viewing EGRP as "yet another online olb, a dime a dozen", and forget about those synergies, or don't even know they exist. the potential of ETrade + Yahoo, whatever form it finally takes, is STAGGERING, FORMIDABLE, MIND BOGGLING, ASTONISHING, and every emphatic word in the dictionary you can think of. then what about the Softbank investments in Nasdaq Japan (Asia) and Nasdaq Europe? mind boggling!

To: thinkbach who wrote (9649)	12/4/1999 6:24:00 AM
From: Spytrdr	Read Replies (1) \| Respond to of 13953

Datek Reportedly Held Talks With Softbank On Selling Island Stake Friday, December 3, 1999 04:11 PM quicken.excite.com NEW YORK -(Dow Jones)- Datek Online Holdings Corp. has held talks with Japan's Softbank Corp. about a possible sale of part or all of Datek's 85% stake in electronic stock-trading network Island ECN Inc., the New York Times reported Friday. But the talks have stalled, and it is unclear whether a deal will materialize, the Times report said. Softbank had also considered bringing Yahoo! Inc. (YHOO, news, msgs) and ETrade Group Inc. (EGRP, news, msgs) in on the deal, the paper said. Aside from the Island stake, Datek also owns Datek Online Brokerage Services, an Internet broker. Representatives for Datek, Softbank, Island and Yahoo! declined to comment, citing policies against commenting on rumors. An ETrade spokesman wasn't immediately available for comment. Though a Datek-Softbank deal for Island may not take place, it isn't surprising to hear Island mentioned as a possible investment for Softbank. The Japanese concern has a stake in online broker E*Trade, and Island is one of the more prominent trading networks. Island is even seeking to become a stock exchange, which would raise its profile even more. While Island has specialized in Nasdaq stocks, Thursday's repeal of the New York Stock Exchange's Rule 390 may help trading systems such as Island expand into Big Board stocks and increase volume even more. The New York Stock Exchange's board of directors voted Thursday to allow trading of some of its largest listed stocks on competing venues. By striking down Rule 390, the Big Board will allow member dealers to trade stocks that were listed before 1979 in places other than its own floor. The stocks affected include heavyweights such as General Electric Co. (GE, news, msgs) and International Business Machines Corp. (IBM, news, msgs). NYSE member firms like Goldman Sachs Group Inc. (GS, news, msgs) will now be able to match buyers and sellers of these stocks in their own trading rooms, or at electronic communications networks like Island. Island's business also may have been held back by association with Datek, which has had regulatory problems. Island President Matt Andresen has acknowledged that Island "could have done even better" without the negative publicity that Datek's troubles attracted. Andresen stressed that Island itself faces no significant regulatory problems. Quote for referenced ticker symbols: EGRP, YHOO ¸ 1999 Dow Jones & Company, Inc. All Rights Reserved.