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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Guy who wrote (875)	2/2/2000 3:47:00 PM
From: Esway	Respond to of 5499

Has opened down at the open or right after the open each morning now for 10 days in a row.....odds would be good you could get it back for around 20 tomm. But then again volume today could be saying something. Good luck with your pondering!

To: Jeff Guy who wrote (875)	2/2/2000 3:52:00 PM
From: Esway	Respond to of 5499

TWE sure looks like it was a good oversold buy at 13. Has made a good move to above 14 today.

To: Jeff Guy who wrote (875)	2/2/2000 10:03:00 PM
From: Esway	Read Replies (1) \| Respond to of 5499

Wednesday February 2, 9:17 pm Eastern Time U.S. online trading volume up 55 pct in Q4 - report SAN FRANCISCO, Calif., Feb 2 (Reuters) - U.S. online brokers witnessed a surge of 55 percent in trading volume in the fourth quarter as more individual investors entered the stock market in the longest bull run in U.S. history, according to report by U.S. Bancorp Piper Jaffray. ``After the industry suffered its first sequential decline in trading volumes in the third quarter 1999, the online brokerage industry roared back,' it said in a statement on Wednesday. Investors made an average 806,961 trades per day in the quarter, up 55 percent from the third, it said without providing a figure for the previous quarter. ``Online trading volumes accounted for 48 percent of all retail trades for the second half of 1999, up from 37 percent in the first half of 1999,' it said. ``Online trading volumes accounted for 43 percent of all retail trades in 1999, up from 27 percent in 1998.' Although Charles Schwab Corp. (NYSE:SCH - news), the No. 1 U.S. online and discount broker, held the lead by handling 22 percent of the volume, it lost some of its market share to rivals, some of whom charge less for their services, it said. ``Schwab lost 60 basis points of market share in fourth quarter 1999 and lost 550 basis points of market share in calendar 1999,' it said. E*Trade Group Inc. (NasdaqNM:EGRP - news), the No. 2 online broker, was one of the larger encroachers on Schwab's market share, handling 123,250 trades per day or 15.3 percent of the total, according to a Piper Jaffray analyst. Meanwhile, TD Waterhouse Group Inc. (NYSE:TWE - news) had 107,146 trades or 13.3 percent. Online brokers opened a combined total of more than 1.8 million new accounts in the fourth quarter in Piper Jaffray described as ``the largest quarterly jump in new accounts in the history of the industry'. Earlier in the day, Fidelity Investments, the No. 1 U.S. mutual fund family, said average daily trades subject to commissions more than doubled to 55,417 in 1999 from 21,561 the previous year. Online retail accounts went up 71 percent to 3.5 million, while online assets rose more than 100 percent to $269 billion, it said.