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Non-Tech : Canadian vs. US Banks--Better PE and rising C$

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To: marcos who wrote ()2/12/1997 3:54:00 AM
From: cherrypitter   of 230
 
Toronto Dominion looks good to me since aquisition of Waterhouse Securities, a very profitable discount brokerage and a money maker for me in the past. TD seems to be growing at 17% per annum and Feb. quarter will be the first to reflect earnings supplied by Waterhouse. Should be good as Waterhouse is expanding to 200 branchs soon. Any comments? Richard
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