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 [IMAGE]  Dear RICHARD,  Are you too  busy to build a portfolio from scratch? Now there's an innovative new  way for investors to build a diversified portfolio of stocks with a single  investment.  With E*TRADE  Stock Baskets, you can get the easy diversification you want, combined  with direct ownership of individual stocks. You can choose off-the-shelf  baskets, then over time you can add stocks or remove ones you don't like.  It can be flexible and tax?efficient because you manage your own  investments. And Stock Baskets are also easy and convenient to purchase  because your investment is dollar-based instead of share-based. In addition,  you pay just an annual fee,* so E*TRADE Stock Baskets can be  a smart long-term investment tool.  Three  ways to invest in E*TRADE Stock Baskets:   [IMAGE] You  can choose from 21 off-the-shelf baskets (based on index, sector,  or style) created by the professionals at Standard & Poor's.
 [IMAGE] Research  and build your own basket with up to 50 stocks. [IMAGE] Or do  both! Select an off-the-shelf basket, then customize it to meet your  individual objectives.  Simplify  your life. Open your E*TRADE Stock Baskets account today.    With a single  investment, you can create a customized portfolio and make your money  work for you. The minimum investment is $5,000 (or $2,000 for IRAs). So  click on www.stockbaskets.etrade.com  or call 1-800-STOCKS-5 and find out how easy and convenient diversification  can be.  [IMAGE]    *Fee  Schedule    Assets Annual  Fee  $0 ?  $49,999 1.25%  per year $50,000  ? $99,999 1.00%  per year $100,000+ 0.75%  per year  Investors  must decide for themselves whether Stock Baskets and the securities therein  are suited to their financial conditions, investment objectives, and tolerance  for risk. E*TRADE makes no representation regarding the suitability of  investing in Stock Baskets.  ? 2001  E*TRADE Securities, Incorporated. Member NASD/SIPC. All rights reserved.  E*TRADE and the E*TRADE logo are registered trademarks of E*TRADE Securities,  Inc.  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: richard.b.sanders@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 time may vary due to a variety of factors, including  trading volumes, market conditions, and system performance. 	

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