TD - Toronto Dominion Bank Message Board

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Gold/Mining/Energy : TD - Toronto Dominion Bank

TD 80.69

-1.5%

3:07 PM EST

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To: Thomas Kelly who wrote (206)	5/12/1999 1:20:00 PM
From: rakitup	Read Replies (1) of 358

Tom, I'm not worried about the day to day on TD at all. This is an asset play pure and simple. Do some study on what this company controls thru its various subs and you'll see it is grossly undervalued IMHO. Example: yesterday Waterhouse Securities made a $25,000,000 investment in Island (an ECN) to help them in their plan to create a new stock exchange to electronically trade NYSE shares in the hope that such a move could force NYSE to open its doors for trading up to ECN's, something it has steadfastly refused. Island does about $5 billion daily in volume on NASDAQ and other exchange traded shares, but no NYSE. It wants to expand its horizons, and TD is there to help, just like it did with Waterhouse, Knight Trimark, Scottsdale, and several others. I see NITE and TD as my best picks all year. Rak up a winner

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