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

To: Spytrdr who wrote (10246)	12/29/1999 9:10:00 AM
From: Francis Muir	Read Replies (2) \| Respond to of 13953

Island shows a gradually retreating pop. E*Trade's Instinet dysfunctional right now. 27 1/2 at open?

To: Spytrdr who wrote (10246)	12/29/1999 10:35:00 AM
From: Spytrdr	Respond to of 13953

"(...) There is no question that there is zaniness in the market today. Unfortunately, you have to "do as the romans do" in the rome of the stock market. As for EGRP my only explanation is that it simply fell out of favor over the summer. This is a very fashion driven environment right now, not a valuation, not a fundamental environment. There is no question it is a great company. Explaining why the stock is so stuck is much harder. Hope you have a Happy New Year. Robert V. Green Briefing.com"

To: Spytrdr who wrote (10246)	12/29/1999 10:54:00 AM
From: Spytrdr	Read Replies (1) \| Respond to of 13953

Schwab Sees Profits of $162-$171 Million SAN FRANCISCO (Reuters) - No. 1 U.S. online broker Charles Schwab Corp. (NYSE:SCH - news) said on Wednesday it expects fourth-quarter profits to exceed Wall Street expectations, coming in at $162-$171 million, or $0.19-$0.20 a share, on the back of robust stock trading volumes. Revenues should hit a record $1.1 billion in the quarter, the San Francisco-based company said. Charles Schwab stock closed at 33-15/16 on Tuesday on the New York Stock Exchange. ``After a very active November, December is shaping up to be our busiest month ever, with customer daily average revenue trades of 236,000 through the 27th,' Schwab President and Co-Chief Executive David Pottruck said in a statement. ``These trading volumes have helped put the company on track to achieve record revenues of more than $1 billion for the fourth quarter and achieve record profits as well.' In last year's fourth quarter, Schwab booked $106 million in profit, or $0.12 a share, on $789 million in revenues. This quarter, analysts had expected the discount and online broker to earn $0.17 a share, according to First Call/Thomson Financial, which tracks analysts' estimates. Earlier in the month, Schwab said its average daily trades in November nearly matched a record set last April. The broker, a beneficiary of investors' unbridled enthusiasm for online stock trading and ever-surging stock prices, processed an average of 202,900 trades per day in November, compared to 207,700 a day in April. For the full year, Schwab estimates it will earn $580-$589 million, or $0.69-$0.70 a share, on revenues of $3.9 billion. Last year, it earned $348 million or $0.42 a share, with $2.7 billion in revenues. In addition, its customer assets hit $700 billion at the end of last week, and customers opened about 6,400 new accounts a day in December, it said.