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July 22, 1998|Reuters

* Online investing service E-Trade Group said its fiscal third-quarter earnings more than doubled as traffic to its Web site grew at a strong clip. The Palo Alto-based company said its earnings rose to $6.6 million, or 16 cents a share, in the quarter ended June 30, from $3.1 million, or 9 cents, in the year-ago period. Revenue jumped 68%, to $62.3 million from $37 million a year earlier. The results, released after the market closed, were in line with expectations.

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