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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?

To: jkb who wrote (2511)	3/8/1998 11:15:00 PM
From: M CAHILL	Respond to of 13953

TD - Tornonto Dominion Bank I like that the volume and PE ratio is low. That tends to make me think this stock is undervalued. While some internet and high tech companies who don't make a profit have high PE ratios, here is a company that is positioned to grow because of the trend. (1) people buying cheap computers (2) logging on to the internet, (3) buying stocks, & (4) saving for retirement. They made 95 cent last quarter, have paid a dividend since 1857, PE ratio of 7 per Standard & Poors year end 97 book. A book value of $18.58, a 5 year annual earnings growth rate of 30, (which is increasing due to several purchases of brokerages recently.) They have majority share of the discount brokerage business worldwide.