Powerstreet, the online brokerage of Fidelity Investments of Boston and an adaptation of its online electronic-brokerage services, introduced last year, has been booming. But it is not doing so at the expense of converting mutual fund shareholders into day traders, the company says.

Powerstreet reached 3.5 million accounts valued at $269 billion in assets at year-end 1999, up 71 percent from year-end 1998, the company announced last week.

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