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

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To: Stephen M. DeMoss who wrote (879)9/14/1999 11:01:00 PM
From: stock_bull69  Read Replies (1) of 1390
 
Steve, SCH had a great 6 month run up starting in October 1998 to April 1999 when the stock rose from about $30 to $150 ($15 to $75 post split), a 500% increase. Since about the 2d week of April to the present SCH has lost 1/2 of it's gains primarily because it as well as other on line brokers like EGRP and AMTD got ahead of themselves. Let's face the facts and that is the sector is out of favor for the present and until SCH comes out with earnings justifying it's high P/E I see it trading in the $35-45 range. When will the stock resume it's upward climb back to it's $75 all time high? Your guess is as good as mine!

Steve
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