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Non-Tech : TD Waterhouse Group (TWE)

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To: Beltropolis Boy who wrote (697)8/2/1999 9:41:00 AM
From: New Economy  Read Replies (1) of 1413
 
TWE-T What a fire sale on TWE why? : 1. Friday 2. Last trading day of the month...margin calls YES of course I picked up some TWE @ $26.15.
That was lower than the price I got on the IPO which I sold the same day at a small profit. Anyway, I trade actively on Cdn exchanges and I must say TD is gonna make a killing on commissions. Up here in Canada you can list trades that have been executed through out the day. Almost every security in Canada has a greater volume of trades going through house #7 TD Greenline...the old name. I am certain, once the dust clears Waterhouse will rebound strongly. It is common practice in the industry for executives to move on and hey if they move to a smaller competitor EGRP so what. Many factors lead up to this greater opportunity in terms of cash more authority in the new position. Hold on for the ride.
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