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

To: Peter Goss who wrote (448)	4/14/1999 12:42:00 AM
From: stock_bull69	Read Replies (1) \| Respond to of 1390

Peter, you have some valid points. However I must point out that SCH has not tripled in 3 months. I added to my small SCH position I'd held since January 1996, in mid January 1999 and paid approximately $66. Yes, Schwab has more than doubled since then but other on-line brokerages have done even better. These same brokerages are not even close to making a profit. True Schwab is the biggest on-line broker so it will be more difficult to grow revenue than let's say an EGRP or AMTD but they are more diversified, are better managed and have the most recognized name in the business. Schwab has the best of 2 worlds, a traditional investment firm managing billions in mutual funds and a INET stock because they derive more than 50% of revenues from on-line traders like myself. As they say go with the flow and thats exactly what I'm doing. Those staying on the sidelines are missing out an opportunity of a lifetime. Good luck. Steve

To: Peter Goss who wrote (448)	4/14/1999 8:03:00 AM
From: John Carragher	Respond to of 1390

I bought in yesterday on the upgrade. Have been investing with ameritrade since they started up. I always figured the stock is overvalued... They don't do anything that another on line broker could come in and do. I believe sch has a profitable base and if it wants to get into a price war could win many of the ameritrade, etrade accounts over. I believe this industry is going to have a war over customers down the road. Now in the for moment. take care John