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October 14, 1998

COMPANY RESULT: E*TRADE GROUP INC

By CBR Staff Writer

E*Trade Group Inc, the Palo Alto, California-based provider of online trading services, has reported fourth quarter net losses of $15.7m down from profits last time of $5.9m on revenues up 32.1% at $68.7m; net losses for the year to September 30 were $1.3m down from profits last time of $15.0m on revenues that rose 56.8% to $245.3m.

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