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Non-Tech : Charles Schwab (SCH) -- A tech-stock profile?

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To: Dalin who wrote (851)8/13/1999 2:43:00 AM
From: Al Cano   of 1390
 
Mer's resistance to change will hurt them in this rapid changing environment and in the long run. As a result, SCH will be the winner. Yes, Merrill has finally changed in June but too late. They are behind the eight ball and trying to play caught up with the leader (ie.... SCH). Yes, Merrill hardheaded old timers, you finally changed. Sorry, Merrill you lose. As the saying goes, "You snooze you lose"..... etc... .
Don't be surprized if someone buys SCH in this merger mania. Price target for SCH could be very high since they are the best in trading technology and e-commerce etc... . approx.600 billion in customer asset alone is not a small piece of change. In short, SCH is today leader in the discount broker & online trading industry.

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