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October 12, 1999 11:00 AM PDT

DLJdirect posts loss on increased spending

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DLJdirect offers trading in the U.K.

August 31, 1999

The Internet broker loses $3.3 million, or 3 cents a share, in the third quarter as the cost of landing new accounts surges 86 percent from last quarter.

The story "DLJdirect posts loss on increased spending" published October 12, 1999 at 11:00 AM is no longer available on CNET News.

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