Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Spytrdr who wrote (11896)	2/21/2000 11:54:00 PM
From: ecommerceman	Respond to of 13953

From the Bull Market Report... ETRADE'S INVESTMENTS PAY OFF ETrade Group's (EGRP, $21) unrealized gains on its stakes in Internet companies more than doubled to $610 million in the Dec. 31 quarter. COMMENT: This will become a source of financing for ETrade's further expansion. It means that they will not have to borrow as much and will not have to issue more stock at the current depressed value. While some of the gains might disappear if the stock market sells off, they still should have substantial equity to call upon for expansion. EOM . ETRADE'S INVESTMENTS PAY OFF ETrade Group's (EGRP, $21) unrealized gains on its stakes in Internet companies more than doubled to $610 million in the Dec. 31 quarter. COMMENT: This will become a source of financing for ETrade's further expansion. It means that they will not have to borrow as much and will not have to issue more stock at the current depressed value. While some of the gains might disappear if the stock market sells off, they still should have substantial equity to call upon for expansion. EOM

To: Spytrdr who wrote (11896)	2/22/2000 12:32:00 AM
From: Stephen Denaro	Respond to of 13953

ETrade to Set Up Physical Deposit Locations, FT Reports By Michael Dixon New York, Feb. 21 (Bloomberg) -- ETrade Group Inc.'s online bank will set up physical locations this year for taking deposits without establishing to traditional storefront branches, the Financial Times reported, citing Mitchell Caplan, Telebanc Financial Corp.'s chief executive, whose Virginia-based online bank was taken over by ETrade last month. Following customer demand for deposit locations, ETrade is looking for a solution that is cheap and doesn't necessarily involve human presence. ``Kiosk' networks and automated teller machines are among the possibilities and alliances or an acquisition could be involved, the newspaper said. E*Trade's unrealized gains on its stakes in Internet companies more than doubled to $610 million in the Dec. 31 quarter, though it borrowed more than $100 million from banks in the period. (The Financial Times 2/21, page 26) For the Financial Times website enter FITM