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


To: SLSUSMA who wrote (13618)5/8/2000 11:33:00 AM
From: Spytrdr  Respond to of 13953
 
breaking even *even after spending $ 177 million on advertising* is HARDLY "losing money like there's no tomorrow".
on the contrary, looks like they are making money like there's no tomorrow, and they redeploy that, at will, into marketing.
i still remember you liked AMZN very much and were long AMZN, so all this talk about "losses" shows you're a very incoherent person.

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"So real that they lose money like there is no tomorrow, eh?"



To: SLSUSMA who wrote (13618)5/8/2000 11:47:00 AM
From: Spytrdr  Read Replies (2) | Respond to of 13953
 
Daily Share ($Bln)
Volume (%)
1. Schwab 293,318 21.4 3,700,000 417.7
2. E*Trade 214,573 15.7 2,443,000 62

these numbers are impressive all by themselves, and even more if you look at the progression, SCH from 25 to 21%, and EGRP sprinting from behind and now breathing behind Schwab's back.
in the last conference call, ETrade's CFO said they were a hair away from taking the number 1 online broker spot by trading volumes.

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"All I know is that SCH will do well for the next year or two and E*Turd will be dead money."