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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Redhook who wrote (23159)10/8/1999 12:21:00 PM
From: U Up U Down  Respond to of 43080
 
ON24 Audio Investor Alert: Schwab, Merrill & Waterhouse Downgraded; Analyst Says Retail Brokerages are Underweighted & Internet Brokers Will Likely
Stumble

Business Editors & Analyst Writers

--(BUSINESS WIRE)--

Morgan Stanley Dean Witter analyst Henry McVey downgraded Charles Schwab, Merrill Lynch and TD Waterhouse from
Outperform to Neutral. Additionally he called the retail brokerage sector underweighted. He was even more pessimistic on
Internet brokers calling the outlook "dismal."
For the complete streaming audio story users should access
on24.com
Ticker: (NYSE:SCH)
Company: Charles Schwab
To personalize your free audio/video investor alerts visit on24.com

--30--md/na*

CONTACT: ON24 Inc.
Mitch Ratcliffe, 415/778-6470

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: BANKING