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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD)
AMTD 1.000+1.0%Feb 9 3:50 PM EST

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To: Douglas V. Fant who wrote (98)11/30/1997 8:14:00 PM
From: Nick Bonafede  Read Replies (2) of 1848
 
To all,

I am new to this thread. I would like to sugest the following...

1) Real internet business use is growing leaps and bounds..
2) AMTD is making profit.
3) Even with the recent stock price increases, PE is still at about 30.
4) PE of competition such as Etrade (EGRP) is rougly double.
5) The next generation of investors...the nintendo generation will be ivesting through their PCs (macs too).
6) This stock may be volatile, but long term all I see is up. A near term double (say 6 months) will put its PE in the same range as the nearest competition.
7) EGRP may be declining. I think it is because of AMTD.

My position is buy and hold as long as I can.

Nick
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