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Technology Stocks : SIEB Siebert Financial Brokerage -- Ignore unavailable to you. Want to Upgrade?

To: James C. Mc Gowan who wrote (248)	4/15/1999 11:34:00 PM
From: Randy Elder	Read Replies (1) \| Respond to of 284

James: By God, you're right. I had in my head that firms like E*Trade and Schwab had reasonable (for a generally overvalued market) price to sales ratios in the 2-4 range, which of course they did a few months ago, but I just checked and they are basically in the same range as SIEBs (makes me very tempted to short EGRP too, but it is at least a market leader - resist,resist). By way of comparison, the p/s ratio for Merrill Lynch is 1. Of course they do boring things like internet IPOs and such. Happy Trading