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

To: Diamond Jim who wrote (9870)12/12/1999 5:27:00 PM
From: P Wright  Read Replies (1) | Respond to of 13953
 
Good point, anyone else concerned about the absurd amount of stock options (11,900,000 at around $5.00) being issued to senior executives of E*TRADE. The cost of these options will severely decrease future earnings. Are common shareholders of this company being played for fools by Mr. Cotsakos and his cohorts?



To: Diamond Jim who wrote (9870)12/13/1999 9:58:00 AM
From: Top Jim  Respond to of 13953
 
"Pre-tax income before marketing was $210 million in 1999"

Is everyone aware that EGRP also has a non-operating gain of $270M?

According to the ISLD S1, EGRP owns 2,013,367 shares with a basis of $9,391,002. At $139 (Friday's close) this is worth $279,858,013.
TJ


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