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


To: puborectalis who wrote (896)10/3/1999 3:54:00 PM
From: Typhoon  Read Replies (1) | Respond to of 1390
 
Stephen- It is not a difference of opinion, it is a difference in business.
Can you tell me where sch makes its money? The profile of sch I just reviewed says commision business drove revs and earnings in the last quarter. Alyssa's article cited three companies who had strong investment banking revenues or international operations.
I also noted last quarters revs grew at 3% sequentially, which translates into 13% compounded annual growth. Given that year over yr growth is 56%, I can see how some people might conclude that this is a great growth company. I don't see it, particulary at these prices.
However, I respectfully appreciate your differnce of opinion. I just wouldn't want anyone investing money they can't afford to lose in sch or any olb. Not today, or in a sick market.
Typhoon