E*TRADE LATEST NEWS AND HAPPENINGS

					Investing Wisely in Volitile Markets	
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			Dear Investor:
			
			 In this issue of our customer e-newsletter you'll find information on: 
			
			
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			Investing Wisely in Volatile Markets
			
			
			
			
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			NEW!?Pre-Open Trading
			
			
			
			
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			Great Rates on E*TRADE BankSM FDIC Insured CDs
			
			
			
			
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			Wireless Access to Your E*TRADEc?Brokerage Account
			
			
			
			
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			NewsBytes (Options, Decimalization, and more)
			
			
			
			
			
			
			
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						This Month's Feature
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						Get Yours. Now!
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?Investing Wisely in Volatile Markets
When markets turn volatile, we have a tendency to turn our heads away for 
fear of facing the ugly reality. 

In the age of online investing, when we have so much information about the 
health of our portfolio, why don't we sell when markets turn bearish?  And 
how is it that we miss opportunities that seem so clear in 20/20 hindsight? 

The four following investment principles can make it easier for you to see 
when the time is right for you to take action:

 1. Keep your interest in the market fresh
 2. Have a sell rule
 3. Diversify, but don't overdo it
 4. Have an accumulation plan 

Kris Skrinak, co-founder of ClearStationc, explains how these four principles 
are built into ClearStation's portfolio manager.1 

Read more and take action!	
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	?Pre-Open Trading2?-?NEW!
	 Now you can get a head start on the trading day, just like the big 
institutional investors. Here's how the E*TRADEc Pre-open Trading service 
works: 
	 
	
	Pre-open orders will be accepted from 8:00 a.m. to 9:30 a.m.  Only round-lot 
limit orders on NASDAQ NMS and Small Cap stocks are allowed.
	
	 Orders are routed to the Archipelago ECN. If a match is not found during the 
pre-open session, Archipelago will scan other market centers in an attempt to 
fill the order. 
	
	Orders not executed during the pre-open session will remain open for the day 
on Archipelago's order book from 9:30 a.m. to 4:00 p.m. ET.  They will not 
carry over to our after-hours trading session. 
	
	
	Learn more about pre-open trading!
	
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	?Great Rates on E*TRADE BankSM FDIC Insured CDs
	E*TRADE BankSM?one-year certificates of deposit have some of the highest 
interest rates in the nation. 
	
	Want to see how our current CD rates compared with a major bank in your 
state?  Just fill in the fields in the "Compare Our Rates" tool at 
etradebank.com.  E*TRADE Bank can be accessed through the Banking tab on the 
E*TRADE Web site.3  
	
	Compare E*TRADE Bank's rate!
	
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	? Wireless Access to Your E*TRADE Brokerage Account
	Do you walk on the wireless side?  Are you ready to access your E*TRADEc 
account on your Internet-enabled phone or handheld computer/PDA? 
	
	Remember, not all wireless devices are Internet-enabled.  If you own a mobile 
phone, it must be equipped with a browser and activated through a 
subscription to your carrier's wireless data service plan. Internet-enabled 
phones often have screens that are larger than normal to display Web site 
information. To make sure your phone is Internet-enabled, check with your 
service provider.  Among handheld devices, E*TRADEc is accessible from the 
Palm V with OmniSky and the Palm VII. 
	
	Visit the E*TRADE Wireless Center to explore demos of a browser-enabled cell 
phone and an Internet-ready handheld computer/PDA; learn how to navigate the 
E*TRADEc site using a wireless device; and find answers to your wireless 
access FAQs.  
	
	Visit the E*TRADE Wireless Center now!
	
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	NewsBytes
Here's a quick roundup of exciting news from E*TRADEc this month: 

OPTIONSEDGESM: If you invest in options, E*TRADEc has a new area on its Web
 site just for you.  It's called OptionsEdgeSM and it provides innovative 
tools and
 information to help you make more informed options trades.  You'll also find 
a wealth
 of strategic insights, research, and analysis that can help you in this 
dynamic market. 

Options involve additional risk and are not suitable for all investors.4

 Go to OptionsEdgeSM 

DECIMILIZATION: In early September, the U.S. securities markets converted 13
 stocks to decimal-based pricing. By April 1, 2001, every price you see on 
your trade
 confirmations, statements, on the E*TRADEc Web site, in the newspapers, and 
on
 the stock tickers on television will be expressed in decimals.  

Learn about decimilization 

REAL ESTATE CENTER: Did you know that you can save up to 50% on mortgage
 costs through the E*TRADEc Real Estate Center? You'll also find articles like
 "Understanding the Loan Process" and "Loan Purchase Strategies in Today's 
Market." 

Click below for more details, or copy and paste this URL into your browser: 
Go to the Real Estate Center now! 

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	HOW TO UNSUBSCRIBE:
	You received this e-mail because you registered on the E*TRADEc Web site, or 
on one of our partners' sites. If you do not wish to receive partner e-mail 
offers, or any E*TRADEc marketing e-mail, you can change you preferences now. 
 You are subscibed at: sara.shackleton@enron.com..  E*TRADEc takes you 
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information, please read our Privacy Policy. 
	
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	1ClearStation, Inc., is a wholly owned subsidiary of E*TRADE Group, Inc. 
E*TRADE does not recommend any security, financial product, or instrument, 
nor does any mention of a particular security on ClearStation's A-List or on 
the ClearStation Web site constitute a recommendation by E*TRADE to buy, 
sell, or hold that or any other security. You assume full responsibility for 
your investment decisions. 
	
	2Pre-open Trading involves unique risks, which may include greater price 
volatility, less liquidity, and wider bid/ask spreads than during regular 
market hours. E*TRADE cannot guarantee that Pre-open Trading will provide the 
best prices for any given stocks or that all pre-open orders will be 
executed. 
	
	3E*TRADE BankSM is a wholly-owned subsidiary of E*TRADE Group, Inc. E*TRADE 
Bank deposits are insured up to $100,000 by the FDIC. E*TRADE Bank and 
E*TRADE Securities are separate but affiliated companies.  Brokerage accounts 
and services are offered by E*TRADE Securities, Inc., member NASD/SIPC.  
Products offered by E*TRADE Securities are not insured by the FDIC, are not 
deposits of or obligations of or guaranteed by E*TRADE Bank, and are subject 
to investment risk, including possible loss of the principal involved. 
	
	4Options involve risk and are not suitable for all investors. To learn more 
about options risks, you may view the Options Disclosure Document online at 
the E*TRADE Web site at http://options.etrade.com or request the document by 
e-mail or in writing at service@etrade.com or E*TRADE Securities Inc. at P.O. 
Box 8160, Boston, MA 02266-8160. 
	
	System response times and account access may vary due to a variety of 
factors, including trading volumes, market conditions, system performance, 
and other factors. 
	
	Copyright , 2000 E*TRADE Securities, Inc. All rights reserved. Member 
NASD/SIPC. E*TRADE, E*TRADE Bank, and their logos are registered trademarks.  
All other marks are the property of their respective owners. The services 
described herein are available to U.S. residents only.
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