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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD)
AMTD 0.988+0.8%Nov 7 9:30 AM EST

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To: AugustWest who wrote (1433)10/29/1999 1:07:00 AM
From: Esway  Read Replies (1) of 1848
 
Consolidation not to far down the road.....

smartmoney.com

<<<<So what gives? Well, there's a lot of competition on Wall Street right now for the wallets of individual investors. The traditional brokerage firms are feeling the heat from online trading upstarts like Ameritrade Holding (AMTD) and E*Trade Group (EGRP), and big discount brokers like Charles Schwab (SCH). And with Congress poised to repeal Glass-Steagall, the Depression-era law that prevents banks from venturing too far into the brokerage business, Wall Street can expect even more competition in the coming years. >>>>>
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