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Non-Tech : Charles Schwab (SCH) -- A tech-stock profile?
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To: Carol M. Morse who wrote (970)10/14/1999 7:06:00 PM
From: Richard Forsythe  Read Replies (1) of 1390
 
What I found particularly interesting was the dramatic recovery in net new asset growth. Here's the table:

98 99 %
JUL 7.4 8.9 20
AUG 6.5 7.9 22
SEP 5.1 8.2 61
------------------
TOT 19 25 32

I was worried during July and August, but they seem to have come back this quarter with a dramatic 61% yoy increase, keeping them on a consistent trend of 30% year-on-year growth in net new assets.

I also noted that ETRADE reports only "deposits" i.e. not including withdrawals. I wonder what EGRP's net new assets are?

Richard
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