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


To: Tae Spam Kim who wrote (6724)6/2/1999 2:35:00 AM
From: Mary Baker  Respond to of 13953
 
The problem is...Telebanc does not have ATM's...that is one of the issues that an analyst with First Securities faults the Internet banks for...and one of the reasons why he gave TBFC and NTBK a "sell" rating a few weeks ago. Of course this analyst was highly biased since he is involved with *brick and mortar* banks...Wells Fargo, Bank of America and a few others.

Link to Radio Interview of analyst talking about TBFC and NTBK
quote.bloomberg.com

I own TBFC and feel it is a good stock and company...Apparently the same analyst in this radio interview was also on CNBC and had to back track somewhat on his views of TBFC in light of the E-Trade offer.