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


To: Spytrdr who wrote (3054)6/26/1998 8:35:00 AM
From: buckeye3d  Read Replies (1) | Respond to of 13953
 
Destination E*Trade is up and running, but only for the select few right now I'm afraid. I was able to get access by volunteering and can only say it is very nice and a huge improvement over the current E*Trade site. On the new site it says everyone will be moved over to the new site this summer. It doesn't give a specific date. I would imagine that it will be within a month or two though.

Alex



To: Spytrdr who wrote (3054)6/26/1998 9:28:00 AM
From: Sommers  Read Replies (4) | Respond to of 13953
 
EGRP Fair Value = $13?

I was surprised to see in July's Worth magazine, (p. 26), the opinion that E*Trade is not only OVER valued, but expected to suffer slower volume growth and cost cutting, due to rapid increasing competitive pressures from the increasing list of internet stock brokers.

How many internet stock brokers are there now? There has to be more than 12. I can't keep track anymore...

OTOH, when it comes to internet stocks, there is no such thing as "fair value."

Only time will tell.

Incidentally, last month I requested E*Trade to transfer my Fidelity brokerage account to E*Trade. A Ms. Renee Smitherman responded in a letter dated May 28th that said they couldn't do it since "E*Trade does not have a dealer agreement with Fidelity Funds."

In order to transfer, I had to first liquidate the account.

What, are you kidding? I'm now in the process of transferring my Fidelity brokerage account to Schwab. Oh well, I tried...

Ruth Sommers



To: Spytrdr who wrote (3054)6/26/1998 9:36:00 PM
From: DavidMW  Read Replies (2) | Respond to of 13953
 
That's interesting that someone else besides me sees EGRP as an internet stock that has been overlooked. A good buy? You know that internet commerce will increase, and I think EGRP eventually be looked at as a takeover target for a large bank, ect. You're getting the best of two industries, financial and internet stock!