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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 (358)4/3/1999 7:30:00 PM
From: stock_bull69  Read Replies (1) | Respond to of 1390
 
tippet, never thought about regarding you as an enemy! LOL I simply thought you wanted to pick my brain over why I'm bullish on SCH. If you are shorting SCH you may have some success short term as the stock has as you said performed admirably over the last year and to be more specific over the last 6 months. The P/E has skyrocketed to near the 100 level but compared with some INETS like YHOO, AOL, CMGI, RNWK, AMZN and many others seems reasonable considering on-line trading now accounts for over 50% of revenues compared with 2 years ago when it was less than 20%. Charles Schwab and David Potruck (second in command) are visionaries just as Michael Dell and Steve Case so I would recommend not betting against them. Why are you bearish on SCH? Good luck!

Steve