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

To: Joe S Pack who wrote (925)	10/8/1999 10:44:00 AM
From: Dalin	Respond to of 1390

Prediction from thr Raging Bull thread: Schwab prediction OK Schwab brought in record assets again last quarter, their branch system met all their goals, new accounts and assets. Now comes the trading volume, I wasn't off by much last month, unfortuneately your 150,000 a day is high they are going to come in about 140,000 trades a day. They knew this was coming, so the tightened their belt on expenses and that alone will make them come in .01 ahead of analyst expectations on Oct 14th. I have own this stock for 14 years and I can tell you, if they were not going to meet their numbers they would pre-announce. They are keeping a tight lip so they can surprise and the stock can rebound. This idiot at Morgan, doesn't realize that they have a revenue stream from mutual funds financial advisor business, market maker, institutional, should i GO on, they do not rely just on the trading numbers. Give me a nast message back if on the Oct 14 th they are not .01 ahead. I have never been so sure about this one.