I am impressed with the management team at E*TRADE. They have taken a company that at one time was completely dependent on the ups and down of the stock market, to a company that can do well in almost any economic climate. The introduction of their international trading platform should bring an influx of new accounts as investors want a better exposure to the international markets. I think E*TRADE has about one more year of continued revenue growth before the competition starts to invade their territory. They will then have to look to consolidation for more growth. I believe E*TRADE will eventually be acquired by a company like Schwab or Fidelity within the next two years.