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	 [IMAGE]  [IMAGE]  Dear larry:   These days we could all use  some help finding the right investment opportunity. That's why at  E*TRADE, we offer you a wide variety of easy-to-use tools and services?all  designed to help you make better sense of the market and invest  with confidence.  So don't miss any of the market's  hidden investment opportunities. Let E*TRADE help you find them.  We'll even give you 25 trades on us, just for opening and funding an E*TRADE
 brokerage  account.    How E*TRADE makes it  easy:  Find  the Right Mutual Fund for You - With over 5,200 funds to choose from, how do you find  the right one for you? Start by checking out funds that have passed  Morningstar's independent rigorous review in the E*TRADE Mutual  Fund ALL-STAR List2.  Knowledge  is Power - Stop  by the E*TRADE Knowledge Center to learn how being a value investor  in today's market could really pay off. Don't forget to review time-tested  investment strategies and the latest on how you can benefit from  the $1.35 trillion tax cut.  Top Stock  Picks - Interested  in stocks? Then you'll want to see Standard & Poor's
  Top Stock Picks and unbiased stock reports. There are even buy/sell/hold  recommendations from Wit SoundViewTM  ?a pioneer in investment banking.  Outstanding  Customer Service  - You can count on our dedicated Financial Service Associates to  answer any questions or concerns you may have (24/7/365 days a year).  GET STARTED TODAY! Open an E*TRADE brokerage account  with a $1,000 minimum deposit  by December 31, 2001 and you'll receive up to 25 stock trades on  us! (E*TRADE will rebate commissions for up to 25 stock trades made  during your first month as an E*TRADE customer.)        [IMAGE] [IMAGE]  [IMAGE]     [IMAGE]	[IMAGE]	 	


[IMAGE]	  1 Offer not valid for IRAs, retirement,  business, club, or E*TRADE Bank
 accounts. Excludes existing E*TRADE  customers, E*TRADE Associates and non-U.S. residents. E*TRADE will rebate  the commission of up to $19.95 per trade on up to a maximum of 25 stock  trades for the first 30 days the qualifying account is open. You will pay  the normal commission rate for stock trades at the time of the trades, and  your account will be credited with the rebate within eight weeks of account  approval and funding. For listed orders over 5,000 shares, add $0.01/share  to the entire order. Add $35.00 for broker-assisted trades. Rebate applies  to stock transactions only. Account holders must maintain minimum funding  in all accounts ($1,000 for cash accounts, $2,000 for margin accounts, less  any losses) for at least six months.E*TRADE reserves the right to terminate  this offer at any time. Not valid with any other offer. This offer is nontransferable.    2  Inclusion of a fund in  the E*TRADE Mutual Fund ALL-STAR List is based on historical performance  and is not intended to be predictive of future performance of the fund.  Funds are selected for inclusion through independent analysis by Morningstar,  based on quantitative factors, such as total return, risk, manager tenure,  expenses, and a qualitative analysis performed by Morningstar analysts.  E*TRADE provides you with the ability to invest in thousands of mutual  funds directly through the use of your computer. By making a mutual fund  or mutual fund family available to you, however, E*TRADE does not guarantee  the appropriateness, fitness, or suitability of any mutual fund and makes  no recommendation of any kind.   E*TRADE provides, for informational purposes only, data about the various  mutual funds published by independent third parties, such as Morningstar,  Inc. and NewRiver. While E*TRADE believes that the data provided by these  third parties is reliable, it has no independent basis to verify or contradict  the accuracy or completeness of the information provided. No recommendation  or endorsement by E*TRADE as to any investment may be inferred from the  data provided.   Using E*TRADE, you can obtain the prospectus online for mutual fund shares  available for purchase through E*TRADE. Read the prospectus carefully  before you invest in the securities of any mutual fund. The prospectus  contains important information about the goals, risks, expenses, and investment  strategies applicable to the fund. E*TRADE does not guarantee or verify  the accuracy or completeness of any mutual fund's prospectus, statement  of additional information, report to shareholders, or proxy solicitation  materials. Past performance is no indication of future results and mutual  fund share prices can fluctuate on a daily basis. Your investment may  be worth more or less than your original cost when you redeem your shares.  Not all funds are registered for sale in all states, and particular mutual  funds may not be available for sale outside the United States. By making  transactions in a particular fund's shares available on E*TRADE, E*TRADE  does not represent or otherwise guarantee that such fund's shares are  registered for sale for your account.   HOW TO UNSUBSCRIBE: You received this e-mail because you registered on the E*TRADE Web site, or on one of our partners' sites. If you do not want to receive partner e-mail offers, or any E*TRADE marketing e-mail, you can change your preferences now.  You are subscribed at: lcampbel@enron.com E*TRADE takes your privacy seriously. To learn more about E*TRADE's use of personal information, please read our Privacy Policy .  System response and account access  times may vary due to a variety of factors, including trading volumes, market  conditions, and system performance. The services described herein are available  to U.S. residents only.    ? 2001 E*TRADE Securities, Inc. Member NASD/SIPC. All rights reserved. E*TRADE  and the E*TRADE logo are trademarks or registered trademarks of E*TRADE  Group, Inc. or its subsidiaries. 	

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