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: Goldmine who wrote (4964)	2/6/1999 12:24:00 AM
From: Iceberg	Read Replies (1) \| Respond to of 13953

>growing pains Larry, "growing pains"? At whose expense? Ice

To: Goldmine who wrote (4964)	2/6/1999 1:51:00 AM
From: D Reinecke	Respond to of 13953

May still be a downside to EGRP but I agree with the analogy of AOL. E-Trade will be a winner in online trading and 48 is as good of an entry point as any. Once the software problem is solved they will be stronger than ever.

To: Goldmine who wrote (4964)	2/6/1999 1:54:00 PM
From: MacRules	Read Replies (1) \| Respond to of 13953

>>Great buy @ $48. Remember the growing pains AOL had with the busy signals. Wear are they today. E*Trade will be the AOL of online trading by the end of the year. This can only make them stronger and give them more Pub. << Can't agree more. As long as Etrade can quickly address the problem in this week. I think we are OK. They can learn a HARD lesson from system crashes. Any idea what they are upgrading. I heard about software upgrades, any more specific reasons such as to increase trading volumes, or they are stupidly switch to MS SQL servers 7.x. Normally I do system upgrades on Friday's night (after market closes). Why they choose Tue. night that is beyond me.

To: Goldmine who wrote (4964)	2/6/1999 2:42:00 PM
From: Bosco	Read Replies (3) \| Respond to of 13953

G'day all - Larry, you sez "Remember the growing pains AOL had with the busy signals. Wear are they today. ETrade will be the AOL of online trading by the end of the year. This can only make them stronger and give them more Pub." 1st a disclaimer, I ve no position in AOL or EGRP [I ve actually ignore the netmania in general, to my detriment <sg>] While it is hard to tell how 3 crashes may affect EGRP, there are substantial differences between the then AOL and the now EGRP. 1st, and the obvious, is the amount of $ involved. 2 or 3 years ago, AOL to most people is a diversion. One might logon to check emails and stuff, to surf and pass time. Except maybe for the trendsetters, people's bank accounts didn't get decimated by not being able to logon to AOL. EGRP is the grand daddy of online trading. There is a lot of people who make their living using EGRP. This is especially damaging to the traders. Even now, many people have multiple internet accounts [I ve two, one for home and one for work.] And the cost is minimal, even if one has 2 or 3 commercial ISP accounts [~$203=~$60/mo] OTOH, while one may also have multiple stock accounts, it is less likely. This is from a pragmatic perspective. Multiple portfolios are not for individuals because they are not joined, hard to manage and lower the purchasing power. The bottomline is that a crash of AOL is an inconvenience, and threatening if it is used as the ISP to get to EGRP, but a crash of EGRP will be downright serious. Imagine, if one has shorted a stock but is unable to cover!!! Finally, I make this case as a friendly academic study, no hidden agenda whatsoever. best, Bosco