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To: Smart_Money who wrote (48163)	4/10/2002 4:22:48 PM
From: 2MAR$	Read Replies (1) \| Respond to of 208838

adds about 100K trades a day , sees possible 10% accretion in '03.. Under terms, ETrade will pay an initial $100 million in stock and pay up to $180 million in additional stock over the next 18 months, provided that Tradescape meets certain targets. By buying Tradescape, ETrade will have the largest number of active traders worldwide. Tradescape's trading technology is known for its ablity to handle high-volume, high-speed trades. Tradescape also has about 20 retail sites around the country, catering mainly to large-volume traders. ETrade, which recently lost out in the bidding war for Datek, hopes to build on Tradescape's customer base to help strengthen the company's array of financial services. ETrade has been trying to distance itself from its on-line trading competitors by launching more varied banking businesses, such as mortgages and loans, and recently rebranded itself to E*Trade Financial. -By Robert Frank, The Wall Street Journal (END) DOW JONES NEWS 04-10-02 ....