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

To: Bill on the Hill who wrote (5062)	2/9/1999 11:32:00 AM
From: fut_trade	Read Replies (1) \| Respond to of 13953

Block trades are going off -- crossed at a much higher than usual frequency. And all the stocks are indicated down. Could be a bad week.

To: Bill on the Hill who wrote (5062)	2/10/1999 12:14:00 PM
From: im a survivor	Respond to of 13953

Rushmore Financial <RFGI.O>soars on Website news DALLAS, Feb 10 (Reuters) - Rushmore Financial Group Inc <RFGI.O> shares soared 139 percent after the financial services holding company said Wednesday it launched an Internet-based day trading division called RushTrade.com. Shares jumped 3-1/8 points to 5-3/8 during morning trade. The company said RushTrade.com differed from such online trading companies as AmeriTrade Holding Corp <AMTD.O>, Charles Schwab Corp <SCH.N> and E*Trade <EGRP.O> in that it was designed primarily for day traders. "The level II access will offer real time quotes and enable traders to see all levels of the markets...five, six trades at the same time...conventional online trading sites don't provide this service," John Moore III, MIS director told Reuters in a phone interview. John Moore said the site, which is still in the developmental stage, was targeting professional traders as well as people who place trades a couple of times a week. "RushTrade.com is the result of a six-month development project which has resulted in an Internet-based platform that will attract the experienced day trader as well as the novice investor," stated Jim Clark, president of Rushmore Securities Corp. "We are excited about the growth and profit potential." The Web site will operate as a division of Rushmore Securities Corp, a wholly-owned subsidiary of Rushmore Financial Group. "RushTrade.com will allow Rushmore Financial Group to become a significant player in the day-trading segment of the 21st century brokerage arena, and we expect it to become a key profit center for our company," said Rusty Moore Jr., chief executive officer of Rushmore Financial Group said. Rusty Moore did not comment on when the company expected the site to become profitable or how much of total profits would be expected from the new Internet operation. Dallas-based Rushmore Financial Group is a financial services holding company which provides, through its subsidiaries, a wide range of investment and insurance services and products to its clients over the Internet and through a national distribution network. 11:08 02-10-99 Copyright 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. All active hyperlinks have been inserted by AOL.