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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Ryan Hess who wrote (12329)4/12/2001 9:39:21 PM
From: Brendan W  Respond to of 78507
 
Re: E-Trade
I know of no takeover speculation. I just think it's very likely to be bought at over 2x book value in the next five years by a European or Asian bank. This strategy is vulnerable to them burning capital, which I hope they will not. I think the ready-for-prime-time stock trading platforms are not easy to build, and with Etrade a buyer would get a lot of accounts and a brand name, too.