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

To: avenger who wrote (2785)	4/9/1998 9:36:00 AM
From: RetiredNow	Read Replies (3) \| Respond to of 13953

"but that their business plan & execution was fundamentally flawed" Avenger, they are one of the few making money and their EPS is actually increasing. The companies that have lowered their commissions to $8 or so are making almost no money. So actually, E-Trade is the only one whose execution is flawless. The only problem is that, as you said, there is a lot of competition. I'm betting that E-Trade gets bought out. None of these companies will have gone bankrupt in 3 years, though. The industry is too young for the owners to throw in the towel after only 3 years.