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Gold/Mining/Energy : TD - Toronto Dominion Bank -- Ignore unavailable to you. Want to Upgrade?

To: Zirdu who wrote (13)	4/10/1998 2:52:00 PM
From: Zirdu	Read Replies (1) \| Respond to of 358

Excellent article on TD in theStreet.com today, titled: TD's Mission: Discount Domination. They talk about TD's recent purchases of Jack White and Kennedy Cabot, and how they are now #3 discount broker in the US, and closing in on #2, Fidelity. The article says that at the recent $46 US per share, TD has a PE of 15 x 1999 estimated earnings of US $3.12. They speculate that TD would be a cheap very attractive takeover target by a big European Bank. Also mention is made of how TD is the most conservative (I assume he means financially) of the Canadian Banks. RR