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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?


To: mr.mark who wrote (4343)3/20/1999 7:27:00 AM
From: John Carragher  Respond to of 4969
 
Ameritrade to scale back marketing... about time.....

Bad news couldn't hold the online brokerage stocks back this week.
E-Trade (Nasdaq:EGRP) was up 3.09% (up 1-13/16) to 60-1/2 despite
technical problems on Friday, while Ameritrade (Nasdaq:AMTD) was also
higher, up 2.73% (up 1-1/2) to 56-3/8, after announcing last week that
it would scale back its advertising so that it could ensure that its
technology could handle the company's tremendous user growth.