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

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To: Richard Forsythe who wrote (485)6/14/1999 9:42:00 AM
From: Richard Forsythe  Read Replies (1) of 1390
 
Market highlights:

June 14, 1999 08:45 AM
SAN FRANCISCO, June 14 /PRNewswire/ -- The Charles Schwab Corporation SCH released its Monthly Market Activity Report today. Highlights include:

* Customer daily average revenue trades were 150.0 thousand in May 1999,
down 28% from April 1999 and up 78% from May 1998.
* Net new assets brought to Charles Schwab & Co., Inc. (Schwab) by its
customers in May 1999 totaled $8.6 billion.
* Customer assets at Schwab were $560.7 billion as of month-end May, down
less than 1% from April 1999 and up 36% from May 1998. In comparison,
the Schwab 1000 Index(R) was down 2% from April 1999 and up 19% from
May 1998.
* Daily average trades through Schwab's Mutual Fund OneSource(R) service
were 41.8 thousand in May, down 21% from April 1999 and up 10% from
May 1998.
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