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

To: amic who wrote (6194)	4/23/1999 9:06:00 AM
From: Jerry Miller	Read Replies (1) \| Respond to of 13953

ETRADE Announces Two-For-One Stock Split Second Stock Split of 1999 April 23, 1999 08:25 AM PALO ALTO, Calif., April 23 /PRNewswire/ -- ETRADE Group Inc. EGRP today announced that its Board of Directors authorized the splitting of ETRADE's common stock on a two-for-one basis for shareholders of record on May 7, 1999. Shares resulting from the split are expected to be payable after market close on May 21, 1999. ETRADE last split its stock in January of this year, making ETRADE's current stock split the second of 1999. "We're pleased that the market has recognized ETRADE's success with our recently increased share price," said Christos M. Cotsakos, chairman and chief executive officer of E*TRADE. "This share split demonstrates our confidence in our business and market opportunity, as well as our desire to ensure that our shares remain accessible to individual investors."