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

To: mary bart who wrote (436)4/13/1999 12:58:00 PM
From: yard_man  Respond to of 1390
 
Yes, I think the whole segment is at a very significant local top. Nobody wants to be out of these stocks -- and why? Because of the huge internet volume of trading -- it has been growing at a fantastic rate and mutliples have expanded greatly. When there is a significant market decline and folks get locked out of SCH, EGRP, etc it will be really ugly for the stocks. I think if you have huge % gains -- be prudent and preserve some of them.



To: mary bart who wrote (436)4/13/1999 9:14:00 PM
From: divvie  Respond to of 1390
 
Be aware that, despite tippet's reply to you, he has said on another thread that he reckons his SCH june puts are a write off. So he may no longer believe it.



To: mary bart who wrote (436)4/14/1999 2:51:00 PM
From: Tommaso  Read Replies (2) | Respond to of 1390
 
Seems to be down about 15 for today--but maybe it will come back.


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