BUSINESSWEEK ONLINE : JUNE 14, 1999 ISSUE
NEWS: ANALYSIS & COMMENTARY

How the E-Brokers Stack Up


              MERRILL LYNCH DIRECT        MERRILL LYNCH
                                          RELATIONSHIP ACCOUNT*

BASIC         $29.95                      1% per year of equities
FEE           per trade                   under management:
                                          $1,500 yearly minimum

FREE          Merrill research            Merrill research
INFORMATION

OTHER PERKS   ML Online, ATM, automated   CMA, ATM and checking,
              bill payment, checking      mortgages, Visa


              E*TRADE                     SCHWAB

BASIC         $14.95                      $29.95
FEE

FREE          TheStreet.com,              First Call,
INFORMATION   First Call                  Hambrecht & Quist

OTHER PERKS   Mortgage                    E-mail, retirement
              applications                planning


* TENTATIVE NAME

DATA: COMPANY REPORTS, BUSINESS WEEK


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RELATED ITEMS
Merrill Is Bullish On the Internet

TABLE: How the E-Brokers Stack Up

Commentary: Can a Merrill Be a Maverick?



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