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Technology Stocks : Semi Equipment Analysis

SOXX 306.28

-1.0%

Dec 4 4:00 PM EST

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To: michael97123 who wrote (6403)	10/23/2002 12:39:04 AM
From: Lizzie Tudor	Read Replies (1) of 95525

Bank of America or Wells Fargo. The loser of that battle may go after Schwab and so on. Nobody remembers that Schwab was once owned by BofA? 1983 Bank of America officially acquires Schwab for $57 million. Company opens up 500,000th customer account. 1987 Completes management-led buyback from Bank of America for $280 million. In September, The Charles Schwab Corporation (the parent corporation) completes IPO of eight million shares at $16.50. In October, the stock market crashes, exposing Schwab to critical margin exposure.

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