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

To: ecommerceman who wrote (6378)	5/9/1999 1:17:00 AM
From: Andy Riedel	Respond to of 13953

I agree with your assessment. I found the article to be completely devoid of substance. No chance I'll ever go back to using a broker. I have far more information at my fingertips than a broker could make up with any kind of "attention". The main gist seemed to be that all of sudden the tremendous growth would make a complete 180 degree turn. I think exactly the opposite will occur. The Merril Lynch's of the world have already been caught like deer in a headlight. It will cost them A LOT of money to buy the Etrade's of the world in order to survive.

To: ecommerceman who wrote (6378)	5/9/1999 1:46:00 AM
From: Diamond Jim	Respond to of 13953

"Yeah, right. Folks who have been successful doing their own trades for far less money are now going to turn to full-service, expensive brokers because they want "some personal attention." ---- Unless you are big bucks, you will get NO personal attention. I tried Merrill Lynch way back. Some personal attention I got, what a joke. I owned a stock that dropped like a rock, broker couldn't tell me why. When I got home I watched a 2nd rate cable show I taped and they said it was downgraded. Guess who downgraded it? Merrill Lynch, same co. the broker worked for!

To: ecommerceman who wrote (6378)	5/10/1999 12:13:00 AM
From: Spytrdr	Read Replies (1) \| Respond to of 13953

ecommerceman: of course noone will ever go back to a traditional broker after having tried ETrade (and the other -inferior- online brokers). but i like the fact that ETrade is increasingly being mentioned alongside Merrill Lynch, Goldman Sachs, JP Morgan, Schwab, etc. in other articles as well, the impression you get is that it's ETrade that's setting the rules and shaping the landscape, and the others are just following. "we've come a long way baby"..., it's amazing what this company has achieved in such a short period of time. but it still has tremendous potential, with stock trading 24 hours a day in all the major world markets, forex (foreign currency) trading, online banking, etc.