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


To: stock_bull69 who wrote (375)4/6/1999 6:21:00 PM
From: William Hunt  Read Replies (1) | Respond to of 1390
 
49erSteve ----Based upon the SCHWAB CEO om CNBC at lunch today saying growth was north of 40% for the qtr I would think the earnings will be in the .39 to .41 cents per share range . That would be about a 20 % earnings suprize for the Qtr . By the way has anyone tried their new BILLPAY service . I sign up ---It is great ----no postage -no envelopes etc --real easy to use ---just another way to keep customers happy

BEST WISHES
BILL




To: stock_bull69 who wrote (375)4/7/1999 10:02:00 AM
From: X Y Zebra  Read Replies (1) | Respond to of 1390
 
Does anyone know what the whisper number is for SCH?

I don't...

However, While what you suggest has a lot to do with SCH power, I believe that a lot has to do with this Internut craze...

Hard to "rationalize it" based on old measure standards... so it becomes a type of bet on the success of the Internet premise.

In the case of Schwab, I think the best of both world seems to apply.

In my eyes, there is a tremendous potential, largely untapped for crowds, and crowds of able (from the asset ownership point of view), around the world that would become active traders/investors once Schwab becomes a more established, recognized, and accepted in the eyes of these foreign investors/traders.

In addition, Schwab is not a recent, "on line" creation, it has a more established history and presence, (yes with some brick and mortar as some have suggested), so in case of an "inverted Internet craze" (i.e. a crash of the flying heroes), Schwab's more "conventional" face may give some protection, as tiny as it may be, to the potential down-draft.

I guess.... it is indeed a brave new world... so close your eyes, and buy... there is always a bigger [Internet] fool over the next hill.... (I hope).