Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (55929)	5/7/1999 12:33:00 PM
From: X Y Zebra	Respond to of 164684

The only stock i trust is SCH. Period. I better go look it up. ***** O T ****** Yes.... do... Great company, global discount broker, (They even have a Web page in Chinese.... They also have a "Global Investing" Department. Great Access via the net... They have invested considerable in capital to utilize the latest in technology.... This company is capitalizing on the benefits of "e-commerce" without unrealistic expectations of a pure "Internut" company. Yes lately, it has "suffered" from the Internut push in price and then subsequent fall (recent high 155.... current range 101 to 115... and attempting to find support at about 100). It trades strong in the AM.... then falls during the day... some days great strengths in the last one (or two) hour of the trading day... great set up to sell at the jump in the next AM. Of course this pattern is not always exact, as there are many variables that change the above. It split in DEC (I think 3:2 can't remember).... and will split 2:1 on July 2nd. To boot... (as a covered option seller)... the premiums are generous. Of course not as generous as the AMZN rocket... but then again, not nearly as speculative. Long term, I see this as a solid investment, particularly in view of the expected "extended trading hours", plus the composition of Schwab's revenue stream... not only trading commissions, but in addition margin interest, and other fees. The growth (and continuing trend), of individuals taking control of their finances, and moving (or starting) trading accounts away from the full service dinosaurs into "discount" brokerage houses is certainly benefiting Schwab. Internationally.... They have only scratched the surface... but they are "on to it" I see further growth in the number of accounts outside of the US as well. If "banking reform" materializes.... Schwab is a good bank already, as they have a substantial number of brick and mortar branches which can only help in taking business away from banks.... as it is... they have certain type of accounts that can operate just like a bank account. SCH, (as many other stocks), is also great to trade because the alarmist hens that appear from time to time.... help trash the stock from time to time.... and so these hens create great trading opportunities.... Of course those who bought at 155 and held.... must be certain this is a carpy stock... but then again... one must be of quick feet and quick mind... i.e. take losses (or profits), from time to time, and never be a foolish pig... but that's something for the individual to decide....(and learn accordingly). Moaning at those levels is really squealing... (as in pig). And there is more..... Another "Mixed Internet" company... (not pure blood, but less risky)... is Fedex (FDX)... (it split today 2:1) Of course.... all of the above is only my opinion. No recommendation Subject 4972 Edit: Disclosure.... I do have positions on SCH and FDX (which change often....)