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


To: brushwud who wrote (551)4/28/1999 8:16:00 PM
From: Doug (Htfd,CT)  Read Replies (1) | Respond to of 1390
 
And customers clearly CAN transact: 160,000 average DAILY trades in the first Quarter of 1999, according to the 4/15 press release. That was 90% more than a year ago, according to Charles R. Schwab, Chairman.

And with revenues up over 50% from the first quarter in '98, and net income more than 100%, it appears that the site outages are growing pains, not an impediment to overall sales or profits.

doug