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


To: italiana who wrote (5146)2/12/1999 2:34:00 AM
From: Marty Rubin  Respond to of 13953
 
Should get mine too, but I don't see much use for it. I only use etrade for buying/selling and that's it. I rarely use the extras but do think they are valuable. I just don't have the time and also cannot afford to burn my eyes to make a few points on a stock. Use a special screen and don't worry going for the best (sometimes expensive) type. Your eyes worth more. I went nuts after seeing all the moves for about a month. I found it hard to walk or drive. Hope you make money out of the system and feel kind to give some to charity. Money comes and go.



To: italiana who wrote (5146)2/12/1999 4:51:00 AM
From: Thai Chung  Read Replies (1) | Respond to of 13953
 
Report: Online Investing To Change Face of Finance
February 11, 1999
By Elizabeth Clampet
InternetNews.com Assistant Editor
Finance News Archives

Traditional investing will continue to decline as online brokers gain popularity, according to a study released Thursday by NFO
Interactive.

While online investing is enjoying tremendous growth of late, much of its success has come at the expense of traditional investment firms,
said Lee Smith, NFO's vice president of marketing and business development.

The number of online investors in the United States increased by 2.2 million to more than 5.2 million during 1998. Forty-eight percent
of those said they were using full-service brokers less and 38 percent of online users reported they were using discount brokers less as
well.

"With nearly 55 percent of all online investors believing their dependence on a full service or discount investing company will decrease,
additional structural changes within the investing industry are imminent," Smith said. "Many more companies will be forced to consider
online investing as an integral component of their business strategy."

Even as it grows, the validity of online investing has come into question. Recent problems have plagued several online brokers including
AmeriTrade, E*Trade and Charles Schwab. Investors' frustrations with E*Trade have prompted two lawsuits and an investigation by the
New York Attorney General.

NFO's study was conducted last December. The research firm surveyed 1,547 online households which contained 767 online investors.