Charles Schwab (SCH) -- A tech-stock profile? Message Board

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

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To: Mick Mørmøny who wrote (977)	10/18/1999 1:59:00 PM
From: Carol M. Morse	of 1390

Thanks for the excellent post!! >>Q. Why did Schwab go from being a darling to getting dumped so quickly? A. Schwab's stock tends to go through a bad period once every couple of years. Typically, the cause is that Schwab is transforming itself, facing a new competitor or there's a slowdown that is either seasonal or cyclical. Those tend to be the things that change the fortunes of Schwab's stock. However, the company has an incredible track record of making those downdrafts into buying opportunities.<< I've been tracking this stock for two years waiting for a good entry point and am very happy to get in here. I got some in the 30's and some at a real bargain price of 28! It is clear to me that this is the time to buy, and I wish I had more moola to take advantage of the sale going on! I've been a customer of Schwab since the early 90's and have watched them create whole new markets in spite of the stock getting slammed around. I'm glad I did not miss my chance this time. Carol PS...I'm going to request that the webmaster make a new catagory for SCH.

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