E*trade is… Provider of online investing services. It has established a popular, branded destination Web site for self-directed investors. It offers automated order placement and execution, along with a suite of products that can be personalized. (Dow Jones Interactive) As of September 30, 1999, Etrade had 1,551,000 active brokerage accounts, up 185% for the year, with assets held in customer brokerage accounts in excess of $28.4 billion, up 154% from last year. We began offering online investing services through the …showed first 75 words of 1609 total…

…showed last 75 words of 1609 total…to grow could be adversely affected. In many instances, we are competing with such organizations for the same customers. In addition, competition among financial services firms exists for experienced technical and other personnel. Compare the company to some competitors. Compare to Ameritrade Inc and Charles Schwab & Co., Inc. and Merrill Lynch Income Sales Net Income Sales $ millions 97 98 99 EGRP 157.6 285 662.3 AMTD 95.6 164.1 315.3 SCH 2845.2 3388.1 4713.2 MER 31731 35853 34879 Revenue Growth Company EGRP 192.84% AMTD 117.59% SCH 39.11% MER -2.72% Stock performance Quarterly return ’99 Revenue Growth