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Non-Tech : TD Waterhouse Group (TWE) -- Ignore unavailable to you. Want to Upgrade?

To: Peppe who wrote (622)	7/23/1999 5:10:00 PM
From: Ian@SI	Respond to of 1413

P., These stocks have a beta twice that of the S&P 500. If you're going to hold them, stock up on Tums. Even SCH, the king of the discount brokers has a Beta of 2.2. Etrade is over 4. You either believe in the sector or this isn't for widows and orphans. I believe that all of the factors in the CSFB report remain true. ... and I further believe that the boomers will drive growth in the sector for at least the next decade as they become more aware that one day they're going to retire; that that day is imminent; and that they're going to want to have more money than they have now regardless of how much that is. ;-) Ian.