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

To: Baker Street who wrote (4242)	1/12/1999 9:37:00 PM
From: kaydee	Read Replies (1) \| Respond to of 13953

Hello thread, For ETrade customers, ETrade is accepting marketwatch.com IPO conditional offer... DB

To: Baker Street who wrote (4242)	1/12/1999 9:39:00 PM
From: Warren Gates	Read Replies (1) \| Respond to of 13953

ETRADE has probably the best business model in the internet after AOL and Wall Street has recognized it. Funds now own more than 60% of the company with the surge in buying occuring in the last 3 months. Etrade is still relatively cheaper than the other net plays on a price to sales basis. When Jesse James used to rob banks, that was where the money is. Now, banks pay an anemic 2% and that doesn't include free checking. Etrade is slowly transforming itself into an online money center portal. As the bull market rolls along, Etrade accounts grow, and that money sitting in their money market accounts (about $2 billion now) is a sure bait to advertisers, E-commerce retailers, financial goods companies. Later on, I would expect E-trade to facilitate direct payment for these goods from the Etrade account. What better way than to make a couple of grand trading, then buy that DVD player and other toys.