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

To: Burton Waxman who wrote (2846)	4/23/1998 12:13:00 PM
From: Robert Giambrone	Respond to of 13953

Princeton, New Jersey, April 23 (Bloomberg) -- E*Trade Group Inc. (EGRP US) was rated ''buy'' in new coverage by analyst Linda L. Chew at Corinthian Partners. The 12-month target price is $32.00 per share. -- Sybil Carlson in the Princeton, New Jersey newsroom, (609)279-3615 -------------------------------------------------------------------------------- . c Copyright 1998, Bloomberg L.P. All Rights Reserved.

To: Burton Waxman who wrote (2846)	4/23/1998 11:59:00 PM
From: John F. Dowd	Respond to of 13953

ETrade will provide the best value and will not compete in price. They are beginning to lookat improving the presentation of the product on the screen and have started a beta group to test new presentation. Their are 200 people in the group and I will keep you posted on what the pros and cons (if any) are. E Trade has the momentum and it appears that they do the real hard stuff (back office work) quite well. their margin rates are very competitive thus attracting high commission traders and they provide a good spread of services albeit not too slickly packaged. They will win out . The AOl comparison is a good one but honestlt I feel more sanguine about ETrade then AOL. E Trade provides a real competitive service. AOL wins because of ignorance. JF Dowd