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Non-Tech : SWS - An undiscovered gem
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To: John Chapman who wrote (346)7/7/1999 4:02:00 PM
From: Gary  Read Replies (2) of 504
 
They report earnings on July 23. The year 2000 consensus earnings are 3.75 which makes SWS selling for only 18 times next years earnings.I belive they also pay a 7% stock dividend. Can anyone confirm the dividend?
That is a low multiple when you look at some of the other E trade high flyers. I guess MBD is their E trade bus. that you refer to. I too have had bad experiences with E trade cos. but it had been in bus. for 4 years on E trade and is BIG and well recognized.They all have growing pains. But at $7 to $15 a trade ??? You know the saying.
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