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: Joe S Pack who wrote (841)	8/11/1999 1:46:00 AM
From: Al Cano	Read Replies (2) of 1390

Excellent piece on CNBC on SCH. SCH is #1 in the industry and the other 150 online brokers will be history and only a hand full will survive. Of course, SCH is #1 in the field and especially in the trading technology and e-commerce side also. SCH holds 600billion in customer asset, several million customer accounts and not including the 2plus million online accounts. As I mentioned before, with banking deregulation, major consolidation in the industry is taking place and SCH could be a major target by a major bank. And, don't be surprised if this buyout doesn't happen this year due to new tax laws next year and higher interest rates. (ie.. stock swap deals will be eliminated to some degree).

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