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

To: thinkbach who wrote (12434)	3/9/2000 9:23:00 PM
From: Spytrdr	Read Replies (1) \| Respond to of 13953

oh... maybe because there are profits to be made or something? maybe because online trading is like (Las Vegas) x (100), or like (AOL's $ 19,95 monthly rate) x (how many times you trade per month)? Burnham said in that recent interview that active traders are "wildly profitable", maybe he knows something we don't. this is what he said: "Burnham: Catering to active traders is a great business. They are wildly profitable. A firm like Schwab talks about asset-gathering, yet they have to cut prices to hold onto their active traders....Going blindly after asset growth doesn't generate revenues - you have to find asset productivity....At the big firms that have gone after asset growth, Schwab and Fidelity, asset productivity is very low." as for that capuccino, i'm looking forward to it, maybe when EGRP reaches a fair valuation (something like INSP's 680 price/sales multiple, or at the very least something more AOL-like) we'll gather and celebrate. i didn't receive the market wrapup from usma today. was there a problem with the closing quotes or something? how's sentiment among e-groupies at 9:10 pm?