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


To: Michel Bera who wrote (2806)4/14/1998 6:36:00 AM
From: B.K. Ohneis  Read Replies (1) | Respond to of 13953
 
----Original Message-----
From: BullMrkt99 <BullMrkt99@aol.com>
Date: Tuesday, April 14, 1998 3:05 AM
Subject: The BULL MARKET REPORT for MONDAY APRIL 13, 1998

>$$$$$ÿÿÿÿ E*Trade accounts, profits, grow in quarter
>
>E*Trade Group Inc. (EGRP) reported late Tuesday it added 80,000
>new online trading accounts in the first quarter of the year,
>bringing its total customer base to 400,000.ÿ The company also
>reported net revenues rose 66 percent from the previous year's
>first quarter, and earnings per share gained 50 percent to $.15.
>"We intend to be a dominant destination site in online investing,
>and plan to roll out our new state-of-the-art destination web site
>to customers and the public during the third quarter," said
>Christos M. Cotsakos, president and chief executive officer of
>E*Trade.ÿ E TRADE GROUP reported 2Q EPS of $0.15 vs $0.09
>on revenues of $53.3 mln vs $32.2 mln last year.ÿ Analysts' mean
>estimates were $0.15, according to First Call.
>
>Comment:ÿ And the stock goes DOWN on this news!ÿ HELLO?????????
>Anybody home here?ÿ This company is going to be huge.ÿ You just watch.ÿ The
>stock is in the low 20's now.ÿ Save this report and check back with us in two
>years.ÿ HUGE, we say!
>>
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