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

To: yard_man who wrote (355)	4/3/1999 6:08:00 PM
From: stock_bull69	Read Replies (1) \| Respond to of 1390

tippet, besides having worked for Schwab (back in 1995-1996) and having the bulk of my holdings managed by Schwab I sincerely feel that as long as Charles Schwab is the CEO my money stays with this company. Without going into any detailed analysis and repeat what has already been stated on the thread. Just a gut feeling I guess and the numbers bear me out. If the market tanks SCH will go down but not as much as any of the other on-line brokerage houses like EGRP and AMTD. Steve

To: yard_man who wrote (355)	4/3/1999 6:15:00 PM
From: Peter Goss	Read Replies (1) \| Respond to of 1390

Tippet - what the SCH faithful don't understand is that all the good news is already in the price and then some. The earnings better be spectacular. In the past, brokerages always reach the peak of overvaluation at market tops -- the fact that everyone on this thread is looking for $200 (and probably getting that new Lexus today with the anticipated profits)is probably a good indication that we are at max valuation. The perception that this is an internet company and deserves such a valuation is ludicrous. Everyone is selling the story as if Schwab is just getting its growth started - the more accurate perception is that this is probably the peak quarter for all brokerage performance. Paying top dollar at the cyclical peak is a mistake many investors have made in many other industries - the brokerage industry will be no different. good investing, Peter