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

To: Jim B who wrote (11899)	2/22/2000 10:20:00 AM
From: semi-recumbent	Read Replies (1) \| Respond to of 13953

Electronic Trade Conformations = $MILLIONS for EGRP Electronic Trade Notifications and monthly statements means cutting $$MILLIONS in expenses per month. Think of all the trade notifications and account statements sent out each month. Now add up the postage, paper, toner, handling (salaries) and you get some idea of how much money this means. THIS IS HUGE - pardon my shouting. I am long this stock and already signed up for the new electronic notifications. Supposed to take affect in April. All longs, sign up and support your company (but wait till 4:00 PM so as not to crash the site <G>).

To: Jim B who wrote (11899)	2/22/2000 10:28:00 AM
From: SLSUSMA	Respond to of 13953

Not necessarily. The ETrade IPO thread has a discussion going on the account openings for IPO purposes. Basically, you can transfer assets from one ETrade account to another, thus increasing your number of accounts but not your overall assets with the company. I would imagine that to get around the IPO rules, people have done just that. So while on paper you show a lot of growth in accounts, are your assets growing at a corresponding rate?