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Non-Tech : SWS - An undiscovered gem -- Ignore unavailable to you. Want to Upgrade?


To: CRay33 who wrote (3)1/23/1999 8:23:00 AM
From: John Finley  Respond to of 504
 
CRay33,
Where did you get the data on the 100k trades per day?

BTW, I used to live a stones throw from the SeaRay plant in Merritt Island. On a good day I could smell the resin.

JF



To: CRay33 who wrote (3)1/23/1999 9:22:00 AM
From: Wallace Rivers  Read Replies (1) | Respond to of 504
 
CRay:
I have no position SWS, though I think it is grossly undervalued in comparison with EGRP and AMTD (at the same time, I think EGRP and AMTD are ridiculously priced on a PE basis).
I do believe your statement of them handling 100,000 trades via their internet based brokerage may be inaccurate. It is my understanding that they are not handling nearly that volume currently, although they may handle that number of transactions in the relatively near future.
I, as well, would be interested to know the source of the figure of daily transactions - I would check on that figure.