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

To: Spytrdr who wrote (13191)	4/17/2000 9:23:00 PM
From: Spytrdr	Read Replies (1) \| Respond to of 13953

EGRP had $ 407 million in quarterly revenues on $ 65 billion in customers assets, and adds 608,000 new customers. SCH had $ 1.5 billion in quarterly revenues on $ 820 billion in customers assets, adding 494,000 new customers. that's what Bill Burnham meant by "asset productivity"... on $ 820 billion in customers assets, ETRADE would make north of $ 5 billion in quarterly revenues, not the puny $ 1.5 billion SCHWAB made. SCH has more assets, but asset productivity is VERY LOW. do the math