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

To: Spytrdr who wrote (2788)	4/9/1998 7:27:00 AM
From: Robert Giambrone	Read Replies (1) \| Respond to of 13953

isdex.yahoo.com By Steve Harmon Senior Investment Analyst Internet Stock Report "Where Wall Street Meets The Web" ISDEX & Market Moves Snapshot 08-Apr-98 Lycos (NASDAQ:LCOS - news) keeps up the deal flow with a $5.5 million agreement with CDnow (NASDAQ:CDNW - news) to sell music via its joint venture Lycos Bertelsmann (GmbH&Co. KG) in Europe. CDnow will be exclusive music retailer to Lycos Bertelsmann in the UK, France, Germany, Italy, Spain, Switzerland and Benelux Countries, and other areas where the joint venture operates. ETRADE (NASDAQ:EGRP - news) gets mixed signals from analysts based on yesterday's earnings announcement. Deutsche Morgan Grenfell lowers its rating to "accumulate" from "buy" while Raymond James reiterates its "buy" based on ETRADE's ability to meet its earnings target amid heavy competition. Raymond James puts a $40 12-month price target on EGRP. Our own take on this? With all the merger mania in banking how long can an E*TRADE be independent?