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Found this on the net:
Gwenn
Gomez Advisors: Online Traders to Swell by Two Thirds
A new study from Gomez Advisors and Harris Interactive found that there
are currently 5.1 million online investors holding 11.2 million
accounts with 140 different online brokers.
In addition 16.28 million investors intend to open an online stock
trading account in the next six months. Of those 2.85 million already
have a full service broker and 660,000 have no accounts but use online
brokerage services and read the research reports.
The average number of trades processed per day in the second half of
1999, 50,000, showed no sign of improvement on the first half yet
investors remain keen to invest despite loosing half their market
share.
According to Gomez analyst Dan Burke, this reflects the fact that the
typical Internet stock trader is now a mainstream investor as opposed
an early adaptor. Accordingly those brokerages which provide mainstream
services will be the ones most likely to garner the majority of the
expected influx.
The authors of the report expect that in the next six months an
additional 8.6 million people will open up stock trading accounts and
the amount of people investing online could grow to 12.8 million.
The survey was conducted using a sample of 20,000 regular Internet
users.
<http://news.excite.com/news/r/990817/04/net-online-investing>
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