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Non-Tech : TD Waterhouse Group (TWE)

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To: Elroy who wrote (140)6/18/1999 10:36:00 AM
From: Stormweaver  Read Replies (1) of 1413
 
What does everyone think of these numbers...

Let's assume TWE ~ SCH ...
SCH - 408 M shares outstanding
35 B market cap
$87 price/share

Therefore using the same market cap but with 360 M shares
outstanding would that make implied value of TWE:

35B / 360 Million = $97 /share

Any comments welcome ?
/James


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