SI
SI
discoversearch

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: Roger Bodine who wrote (12594)3/15/2000 10:59:00 PM
From: ecommerceman  Respond to of 13953
 
I agree, Roger. I've been a customer of E*Trade's for over 3 years, and am astonished to hear the complaints that are posted on this thread--I guess that either means that I'm an "E-Groupie" or means a few others here are whiners...

At any rate, here's the most recent Bull Market Report on E*Trade...


4. E*TRADE TO ACQUIRE LARGEST INDEPENDENT ATM NETWORK

E*TRADE Group, Inc. (EGRP, $25, down 1, after trading at $28) will acquire Card Capture Services, Inc., the largest independent network of centrally-managed automated teller machines (ATMs) in the U.S. They have 8,500 machines located in 48 states and three countries, and E*TRADE
will now be able to provide customers with a nationwide branded electronic physical presence to conduct an expanding array of financial transactions.

COMMENT: E*Trade now owns an online bank, its flagship online investing firm, and a network of ATM's. Wow. The E*trade vision appears to be one that involves their customers having all their money held, invested, and
processed by one company: E*Trade. This is a very interesting company to have in your portfolio. If you have patience and tolerance for volatility and risk, this is a company that is positioning itself to become a financial powerhouse.


Hmmmmmmm.... Appears that the Bull Market Report is infested with "E-Groupies" also!!!!!



To: Roger Bodine who wrote (12594)3/15/2000 11:48:00 PM
From: Bud Fox  Read Replies (1) | Respond to of 13953
 
Never a wait time when using Power E-Trade 1-888-388-2900.
This line is for Power E-Trade users, but they assist everybody. The customer representatives and brokers are experienced. They always resolve my issues quickly. I recommend this number to anybody needing help.



To: Roger Bodine who wrote (12594)3/16/2000 10:32:00 AM
From: Jim B  Read Replies (1) | Respond to of 13953
 
I've tried several.. none of them have good service.. and that's probably one of the main reasons I go ahead and stay with etrade... more times than not they get it right..

but when they screw up.. they really screw up BIG

jim



To: Roger Bodine who wrote (12594)3/16/2000 10:43:00 AM
From: Jim B  Respond to of 13953
 
just for example... today I called etrade to find out how many March 90 calls of AMAT I owned (it just split 2 for 1)... the website said I had 4... (yesterday I had 2)...

i asked the etrade broker if I really had 4 or if I just had 2?? he said I only had 2..

i thought about it and called back.. got another broker who also said I only had 2... meanwhile AMAT moved up over $90 and I was in the money.. so I called back to place an order and the broker told me I should talk to reorg... by the time I got reorg on the phone and they told me i ACTUALLY HAD 4 CONTRACTS.. not 2 (despite two other reps telling me so)... the calls were no longer in the money and are now practically worthless..

cost me $900 because they couldn't tell me right away whether I had 2 or 4.

like I said.. when etrade screws up.. they screw up big time.. you watch though.. if AMAT goes back up and I sell 4... they'll come back in a few weeks and tell me that option contracts don't split 2 for 1 in number.. because the price adjusts down with the new strike price proporionately... and then they'd probably ask me to cover.

I've got quite a few stories like this one... they cost me thousands of dollars last year... but I use them anyway because based on my experience elsewhere.. I'll end up losing even more with someone else

jim

ps.. glad your experience has been good.. but anyone who trades with any regularity (50 trades per quarter) or more knows what I"m talking about... last year I averaged 150 to 200 trades PER MONTH! This year much less because I'm getting tired of trading. Still, I own EGRP stock and believe the company will be a winner.. they just are growing too fast for themselves. Which is fine with me as a shareholder.. now if only the stock would grow just as quickly.