SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Charles Schwab (SCH) -- A tech-stock profile?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Peter Goss who wrote (448)4/14/1999 12:42:00 AM
From: stock_bull69  Read Replies (1) of 1390
 
Peter, you have some valid points. However I must point out that SCH has not tripled in 3 months. I added to my small SCH position I'd held since January 1996, in mid January 1999 and paid approximately $66. Yes, Schwab has more than doubled since then but other on-line brokerages have done even better. These same brokerages are not even close to making a profit. True Schwab is the biggest on-line broker so it will be more difficult to grow revenue than let's say an EGRP or AMTD but they are more diversified, are better managed and have the most recognized name in the business. Schwab has the best of 2 worlds, a traditional investment firm managing billions in mutual funds and a INET stock because they derive more than 50% of revenues from on-line traders like myself. As they say go with the flow and thats exactly what I'm doing. Those staying on the sidelines are missing out an opportunity of a lifetime. Good luck.

Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext