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Non-Tech : Charles Schwab (SCH) -- A tech-stock profile? -- Ignore unavailable to you. Want to Upgrade?


To: Al Cano who wrote (784)7/8/1999 11:29:00 AM
From: X Y Zebra  Read Replies (1) | Respond to of 1390
 
SCH is growing outside us and when other countries start to recover so will SCH's earnings

Obviously, good [foreign] economies will help.

However, more important is to understand what SCH is trying to accomplish. "On line trading" is little understood, by a population that it is perfectly capable of being active on line traders and investors. For the moment, SCH faces the "training of this population" task, since most either are not aware of it, or may be a little afraid to try it, therefore, "not so willing to try". The initial target segment of the population will be the more affluent one.

When this changes, (the sooner the better), is what will make a substantial difference on earnings.

Practically, one can trade from anywhere, so long you have:

1. A computer.

2. An account with an "on-line" broker.

3. Internet access.

As this practice becomes more common, more and more people will participate, expanding into the middle classes of the world.

This bodes well for the US Dollar, the US market in general and, for SCH as well, for many years to come.