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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD)
AMTD 0.984-1.6%12:37 PM EST
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To: Steven Angelil who wrote (182)1/15/1998 2:56:00 AM
From: Gil Gilbertson   of 1848
 
The stock action today would indicate we have a negative Dec qtr
coming at us on earnings due to their high advertising costs. The good news should be they have added a large number of new accounts which will take some time to bring increased revenues to the bottom line. However, a comparison with Etrade would indicate that AMTD is greatly undervalued selling at the same price as Etrade and the market will likely reflect this after the quarter report is out.
Down the road 12 months, AMTD should kick butt....Yankee Gil
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