Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Oeconomicus who wrote (3127)	7/11/1998 10:39:00 PM
From: CanynGirl	Read Replies (3) \| Respond to of 13953

I'm still cautious on earnings. Etrade has been running a promotion in June to increase transactions. They offered $50 credit if you completed 5 transactions by June 30th - the credit to be paid July 31st. You can read that as they were coming up short on revenues, or they wanted to pump up revenues for a gangbuster release. We'll see. A few things introduced in Q2, probably won't impact numbers much until the 2H, though they look promising: 1) Professional Edge - BA Rob Stephens research reports 2) Etrade Visa 3) Marketplace FWIW, I've used ETrade since it's beginning. I only recently transferred my 'very long' account from a full brokerage to Etrade. About 4-5 months ago, I checked out about a dozen online brokerages to see if I should switch before I made the transfer. They all have their tradeoffs, so no one convinced me to leave. I like the services they keep adding, and the plans for more services. I am anxiously awaiting the Destination ETrade launch. Knowing they have all this money in the bank now makes me feel very secure with my decision to stay. I expect good things from Etrade in the future.