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

To: Spytrdr who wrote (13194)	4/17/2000 9:37:00 PM
From: BWAC	Read Replies (1) \| Respond to of 13953

Here's a little more math. We've seen the headlines, and the talking heads screaming that Margin Revenue will go down significantly because it made up roughly 25% of EGRP's revenue. Ok I can accept that it may in fact be less. But all the worries and the 25% number being thrown about? Well how about the fact that the total $ Margined at EGRP was ONLY 7% of total customer assets? Has this been reported anywhere? Sure some customers were leveraged to the hilt, but obviously some were not. (Perspective: SCH customers margin at a 2% rate, AMTD at 8%, TWE at 4%) So given that: Would it be unreasonable for the margin to stay basically at that same rate? Stated as a % of assets, it's really not so big.