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Non-Tech : Charles Schwab (SCH) -- A tech-stock profile? -- Ignore unavailable to you. Want to Upgrade?


To: KYA27 who wrote (300)3/21/1999 12:30:00 AM
From: stock_bull69  Respond to of 1390
 
Found this on the EMC thread:


The Business Week 50 (the top performers of the S&P 500, and graded on total return for 1 and 3 years, sales growth for 1 and 3 years, profit growth for 1 and 3 years, net margin, and return on equity), in the March 29 issue of BW includes the following rankings:

1) Microsoft
2) Dell
3) Gap
4) Oracle
5) EMC

EMC's ranking is up from 8th last year.

As far as total shareholder return alone, for the last year EMC is ranked 3rd (after AOL and Schwab). For the last three years, they are ranked fourth (after Dell, AOL, and Compuware).

Talking about the featured stocks from last year's BW 50 issue, they write "EMC Corp., the second-best performer [after Schwab], rose 199% [for the 52-week period ending 3/12/99], due to its dominant position in the sizzling market for the hardware and software that allows companies to store all the data, Web pages, and other information being churned out in the Internet Age."

Steve



To: KYA27 who wrote (300)3/21/1999 12:07:00 PM
From: lindend  Respond to of 1390
 
You've got to be a signature member to access IPOs.

The signature program requires either a certain # of trades per month or a specific dollar balance. See the recent press release.

I haven't done an IPO w/Schwab yet.



To: KYA27 who wrote (300)3/24/1999 12:08:00 PM
From: Gary Metzer  Read Replies (1) | Respond to of 1390
 
KYA27 et al,

Re: Schwab IPO's

I've participated in EVERY IPO Schwab offered since Infospace and have made money in all but one (KFY). Some gains were definitely better than others and usually I am only allocated 100 shares. However, I received 200 shares in SRNA and 700 in KFY. Most of my requests are for 1000 shares. Schwab has the attitude that they would rather see as many of their customers get 100 shares as possible rather than a few getting 1000. Cannot sell for 30 days or you cannot participate for 6 months.

To qualify, you MUST be a Schwab Signature GOLD member or better. Check out Schwabs website for the requirements. EITHER a large asset balance OR frequent trading qualify. There is a special IPO number to call to request IPO's 888-476-3337 and the hold time is usually long due to demand. Schwab handles IPOs for H&Q, CS First Boston and JP Morgan.

My intent is to participate in ALL IPOs that Schwab offers. As the downside risk is nil if bought at issue price, I look at this as my "high interest savings account". With only 100 shares in every IPO, I anticipate gains of between $20k-40k per year from IPO's ONLY and am up almost $10k so far (sold some and holding others). IPOs are allocated based on revenue you generate for Schwab. For example, a long-time active trader gets more chance of getting them than a newbie.

Hope this helps. If anyone wants more info that I may have left off, you can PM me.

Happy trading.

Gary