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Politics : Ask Michael Burke

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To: The Perfect Hedge who wrote (41396)	12/29/1998 11:29:00 PM
From: Knighty Tin	Read Replies (2) of 132070

B, Let's put it in perpective. Schwab will have revenues of less than $3 billion this year. Merrill Lynch will have revenues of more than $36 billion. Schwab is capitalized in the market the same as Merrill Lynch. I am not a Merrill fan by any means, and Mer puts were one of my best plays this year. But, they are certainly a more valuable franchise than Schwab. By a lot. And Mer is overpriced. MB

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