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

To: EyeDrMike who wrote (4690)	2/3/1999 11:48:00 AM
From: KeepTahoeBlue	Read Replies (1) \| Respond to of 13953

you dumbass, what about us that are in stocks and may want to sell?...you know where you can put your book... Mick

To: EyeDrMike who wrote (4690)	2/3/1999 11:51:00 AM
From: bw	Read Replies (1) \| Respond to of 13953

EyeDr...With all due respect, are you just possibly long the stock? To be totally cut off from trading for over two hours on a normal trading day is not a minor problem. Luckily for me, my money is in muni's right now and my only loss for the day is about $1,000 in a lost opportunity trade. And no, I am not short or have intentions of shorting this stock. Open your eyes, or do you need a stronger spectacle?...

To: EyeDrMike who wrote (4690)	2/3/1999 12:09:00 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 13953

EyeDoc, what you forget is that much of the surge in volume for online brokers is from short term trading. These customers require a much higher degree of reliability than buy-and-hold types. If E*Trade is seen as unreliable - i.e. unreliable quote services, poor or erroneous trade executions, unresponsive or inaccessible customer service and altogether unavailable service like today - then short term traders will go elsewhere. Also, since these short term traders are providing much of the fuel feeding the internut stock frenzy, if they decide they can't count on the service, are they likely to buy the stock? I think not. Longer term, financial services relationships depend on trust and reliability and a bad reputation can stick with it for a long time. BTW, I have been both short (Oct.'97 and now) and long (last July) EGRP, so I think I can be objective. I have also been a customer for about two years - sometimes happy, sometimes not. Right now EGRP is severely overvalued and appears to be stumbling a bit on execution. Growth is good, but is it sustainable if they continue to let service slide? Bob