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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: Jim Battaglia who wrote (6239)11/19/1998 10:26:00 AM
From: OldAIMGuy   of 18928
 
Hi Jim, Many of the brokerage stocks are still way down from previous highs reached last summer. Many fell 40% to 60% into October and have rallied back part way. The couple of brokers that I track benefited from their fat AIM cash reserves and the heavy buying they did when prices were off. I have AGE, SCH and RJF examples in Newport. Anyone want to see them?

There's still more brokerage consolidation to take place, so some of these stocks might eventually get a "buyout bonus" as well.

Best regards, Tom
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