content: <PAGE>
   
                         SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D.C. 20549
  
                                  _______________
                                      FORM 8-K
  
                                   CURRENT REPORT
  
  
                       Pursuant to Section 13 or 15(d) of the
  
                          Securities Exchange Act of 1934
  
                                          
  
  Date of Report (Date of earliest event reported) March 29, 1999
                                                   ------------------------------
  
  
  
                                     E*TRADE Group, Inc.
  --------------------------------------------------------------------------------
                 (Exact name of registrant as specified in charter)
  
  
           Delaware                      1-11921              94-2844166
  --------------------------------------------------------------------------------
  (State or other jurisdiction         (Commission           (IRS Employer
        of incorporation)              File Number)       Identification No.)
   
  
     Four Embarcadero Place, 2400 Geng Road, Palo Alto, California      94303
  --------------------------------------------------------------------------------
  (Address of principal executive offices)                           (Zip Code)
  
  
  
  Registrant's telephone number, including area code     (650) 842-2500
                                                      ----------------------------
  
  
                                     Not Applicable
  --------------------------------------------------------------------------------
           (Former name or former address, if changed since last report.)
  <PAGE>
   
  Item 2    ACQUISITION OR DISPOSITION OF ASSETS
  ------    ------------------------------------
  
            On March 28, 1999, E*TRADE Group, Inc. ("E*TRADE") entered into an
  agreement with ClearStation, Inc., a California corporation ("ClearStation"),
  pursuant to which Crystal Acquisition Corporation, a wholly owned subsidiary of
  E*TRADE, will be merged with and into ClearStation, with ClearStation continuing
  as the surviving entity and as a wholly owned subsidiary of E*TRADE.  The
  securityholders of ClearStation will receive an aggregate of 469,536 shares of
  E*TRADE common stock in the merger.  The amount of such consideration was
  determined based upon arm's-length negotiations between E*TRADE and
  ClearStation.  The purpose of the acquisition is to extend E*TRADE's reach as a
  provider of financial new media.  The acquisition is subject to the satisfaction
  of certain conditions and is intended to be accounted for as a pooling of
  interests.
  
            On March 29, 1999, the Registrant issued a press release announcing
  the agreement to acquire ClearStation, Inc., a copy of which is filed herewith
  as Exhibit 99.1.
  
  
  Item 7    FINANCIAL STATEMENTS AND EXHIBITS
  ------    ---------------------------------
  
       (a)  Financial Statements of Business Acquired.
            ----------------------------------------- 
   
            The financial statements required by part (a) of Item 7 relating to
  the acquired business referred to in Item 2 above are not currently available.
  The required financial statements will be filed in an amendment to this Current
  Report under cover of Form 8-K/A as soon as practicable, but not later than June
  14, 1999, which is the first business day 60 days after the date that this
  Current Report on Form 8-K is required to be filed.
  
       (b)  Pro Forma Financial Information.
            ------------------------------- 
  
            The pro forma financial information required by part (b) of Item 7 for
  the acquisition transaction described in Item 2 above is not currently
  available. The required pro forma financial information will be filed in an
  amendment to this Current Report under cover of Form 8-K/A as soon as
  practicable, but not later than June 14, 1999, which is the first business day
  60 days after the date that this Current Report on Form 8-K is required to be
  filed.
  
       (c)  Exhibits.   The following document is filed as an exhibit to this
            --------        
                        report:
            
  
            99.1        Press Release, dated March 29, 1999, issued by E*TRADE
                        Group, Inc. announcing the agreement to acquire
                        ClearStation, Inc.
  
                                         2
  <PAGE>
   
                                     SIGNATURES
  
            Pursuant to the requirements of the Securities Exchange Act of 1934,
  the registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
  
  
                                      E*TRADE Group, Inc.
                                      (Registrant)
  
  
  Date: April 12, 1999                By:   /s/ Leonard C. Purkis
                                            ----------------------------------
                                            Leonard C. Purkis
                                            Executive Vice President and Chief
                                            Financial Officer
  
                                         3
  <PAGE>
   
                                   EXHIBITS INDEX
                                   --------------
                                          
  
            Exhibit     Description
            -------     -----------
  
            99.1        Press Release, dated March 29, 1999, issued by E*TRADE
                        Group, Inc. announcing the agreement to acquire
                        ClearStation, Inc.
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metadata_filer: {"company-data": {"conformed-name": "E TRADE GROUP INC", "cik": "0001015780", "assigned-sic": "6211", "irs-number": "942844166", "state-of-incorporation": "DE", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-11921", "film-number": "99592640"}, "business-address": {"street1": "FOUR EMBARCADERO PLACE 2400 GENG ROAD", "city": "PALO ALTO", "state": "CA", "zip": "94303", "phone": "6508422500"}, "mail-address": {"street1": "FOUR EMBARCADERO PLACE 2400 GENG ROAD", "city": "PALO ALTO", "state": "CA", "zip": "94303"}}
text: SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D.C. 20549
  
                                  _______________
                                      FORM 8-K
  
                                   CURRENT REPORT
  
                       Pursuant to Section 13 or 15(d) of the
  
                          Securities Exchange Act of 1934
  
                                          
  
  Date of Report (Date of earliest event reported) March 29, 1999
                                                   ------------------------------
  
                                     E*TRADE Group, Inc.
  --------------------------------------------------------------------------------
                 (Exact name of registrant as specified in charter)
  
           Delaware                      1-11921              94-2844166
  --------------------------------------------------------------------------------
  (State or other jurisdiction         (Commission           (IRS Employer
        of incorporation)              File Number)       Identification No.)
   
  
     Four Embarcadero Place, 2400 Geng Road, Palo Alto, California      94303
  --------------------------------------------------------------------------------
  (Address of principal executive offices)                           (Zip Code)
  
  Registrant's telephone number, including area code     (650) 842-2500
                                                      ----------------------------
  
                                     Not Applicable
  --------------------------------------------------------------------------------
           (Former name or former address, if changed since last report.)
  Item 2    ACQUISITION OR DISPOSITION OF ASSETS
  ------    ------------------------------------
  
            On March 28, 1999, E*TRADE Group, Inc. ("E*TRADE") entered into an
  agreement with ClearStation, Inc., a California corporation ("ClearStation"),
  pursuant to which Crystal Acquisition Corporation, a wholly owned subsidiary of
  E*TRADE, will be merged with and into ClearStation, with ClearStation continuing
  as the surviving entity and as a wholly owned subsidiary of E*TRADE.  The
  securityholders of ClearStation will receive an aggregate of 469,536 shares of
  E*TRADE common stock in the merger.  The amount of such consideration was
  determined based upon arm's-length negotiations between E*TRADE and
  ClearStation.  The purpose of the acquisition is to extend E*TRADE's reach as a
  provider of financial new media.  The acquisition is subject to the satisfaction
  of certain conditions and is intended to be accounted for as a pooling of
  interests.
  
            On March 29, 1999, the Registrant issued a press release announcing
  the agreement to acquire ClearStation, Inc., a copy of which is filed herewith
  as Exhibit 99.1.
  
  Item 7    FINANCIAL STATEMENTS AND EXHIBITS
  ------    ---------------------------------
  
       (a)  Financial Statements of Business Acquired.
            ----------------------------------------- 
   
            The financial statements required by part (a) of Item 7 relating to
  the acquired business referred to in Item 2 above are not currently available.
  The required financial statements will be filed in an amendment to this Current
  Report under cover of Form 8-K/A as soon as practicable, but not later than June
  14, 1999, which is the first business day 60 days after the date that this
  Current Report on Form 8-K is required to be filed.
  
       (b)  Pro Forma Financial Information.
            ------------------------------- 
  
            The pro forma financial information required by part (b) of Item 7 for
  the acquisition transaction described in Item 2 above is not currently
  available. The required pro forma financial information will be filed in an
  amendment to this Current Report under cover of Form 8-K/A as soon as
  practicable, but not later than June 14, 1999, which is the first business day
  60 days after the date that this Current Report on Form 8-K is required to be
  filed.
  
       (c)  Exhibits.   The following document is filed as an exhibit to this
            --------        
                        report:
            
  
            99.1        Press Release, dated March 29, 1999, issued by E*TRADE
                        Group, Inc. announcing the agreement to acquire
                        ClearStation, Inc.
  
                                         2
  SIGNATURES
  
            Pursuant to the requirements of the Securities Exchange Act of 1934,
  the registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
                                      E*TRADE Group, Inc.
                                      (Registrant)
  
  Date: April 12, 1999                By:   /s/ Leonard C. Purkis
                                            ----------------------------------
                                            Leonard C. Purkis
                                            Executive Vice President and Chief
                                            Financial Officer
  
                                         3
  EXHIBITS INDEX
                                   --------------
                                          
  
            Exhibit     Description
            -------     -----------
  
            99.1        Press Release, dated March 29, 1999, issued by E*TRADE
                        Group, Inc. announcing the agreement to acquire
                        ClearStation, Inc.