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


To: ISOMAN who wrote (11710)2/16/2000 11:22:00 AM
From: Spytrdr  Read Replies (2) | Respond to of 13953
 
he needs a scientific calculator for that.
and a secretary to fill the etrade online account application correctly for him.

___
"what were the profits if you take out advertising."



To: ISOMAN who wrote (11710)2/16/2000 11:27:00 AM
From: BWAC  Respond to of 13953
 
<what were the profits if you take out advertising>

Or more relevant: If a normalized advertising amount was factored in. Which will happen as the revenues grow and the business reaches the critical mass point.

Grow the business, grow the revenues, the quicker the better. If EGRP showed a profit, it would not be an effective use of their capital at this time. The "Would be Profits" are better used by EGRP on advertising, than 40% sent off to Uncle Sam as taxes.

I want them to show 0. No profit at this time. Set the stage for future explosive earnings growth. Thats how those buying now will make great returns with a little patience.

One should look very carefully at the minimal losses EGRP has in correlation to the massive advertising expense that it is incurring. But then again some can't see the forest for the trees standing in the way.



To: ISOMAN who wrote (11710)2/16/2000 12:25:00 PM
From: Diamond Jim  Read Replies (1) | Respond to of 13953
 
glad you said "if". Does it matter?, what are the profits if you don't pay CC 75M?
What are the profits if Etrade stops crashing?
what are the profits if they quit making so many operational errors? 4 weeks to add an options change to an existing acct, 4 weeks to open a 2nd acct, then they send 3 yr old data, trading errors, ignorant employees, yep Etrade really has it going on.