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Non-Tech : SWS - An undiscovered gem

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To: CRay33 who wrote (3)1/23/1999 9:22:00 AM
From: Wallace Rivers  Read Replies (1) of 504
 
CRay:
I have no position SWS, though I think it is grossly undervalued in comparison with EGRP and AMTD (at the same time, I think EGRP and AMTD are ridiculously priced on a PE basis).
I do believe your statement of them handling 100,000 trades via their internet based brokerage may be inaccurate. It is my understanding that they are not handling nearly that volume currently, although they may handle that number of transactions in the relatively near future.
I, as well, would be interested to know the source of the figure of daily transactions - I would check on that figure.
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