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

To: Tommaso who wrote (627)	6/3/1999 3:32:00 PM
From: stock_bull69	Read Replies (2) \| Respond to of 1390

Tommaso, you sound like those bearish analysts that appear on CNBC. Have you ever actually bought into a first tier internet company and profited from it? If not join the bear crowd on CNBC who spout doom and gloom for companies with high P/E's like AOL, YHOO, CMGI, SCH, DELL, CSCO, LU and many more. Yet when you look at the performance of their portfolios you can see their real agenda! They are simply jealous that they didn't get a piece of the action because of their old fashioned, outdated method of valuing stocks. Glad to see you're satisfied with Q&R but if you think SCH is overvalued even after a 35% correction off its 52 week high of $150 with several analysts giving the stock a $200 price target than any further discussion over valuations is pointless. Are you posting the same song and dance on the EGRP and AMTD threads? Those stocks have P/E's in the 4 digit zone or no P/E at all due to no profits making SCH look dirt cheap at current levels. Steve

To: Tommaso who wrote (627)	6/3/1999 4:08:00 PM
From: X Y Zebra	Read Replies (1) \| Respond to of 1390

How do you know that I am shorting Schwab? You must know something that I do not know. Because.... Because of this, people who trade on the Internet have become overexcited about them and have bid their prices up even more than Schwab investors have bid up Schwab. For this reason I have been buying LEAP puts on all these overvalued companies Duh ! I see no reason why I should change the content of what I write to bring it into line with what you think. On the whole, too, I would rather make money than lose money. No one is asking you to think differently... Simply that you are making the assumption you are going to scare the world, by implying that the reason why SCH is down is because "insiders" are bailing out... such are "scare tactics for morons"... go try the pennies for that. The reason SCH is down are: 1. fears of a Fed interest rate increase. 2. fears of an unfavorable, (to the market), unemployment report. 3. fear of price war due to MER entering the discount/on line brokers. 4. profit taking . Does that mean that SCH will "crash" ? A = NO Or is it at risk as comparatively speaking with companies of pure speculative character with no earning or slim prospects of same ? A = NO. Stocks go up and down, your suggestion of SCH at $35.00 is as valuable as the gold bugs yearning for a return to Gold at $800.00. I do not mind that you are short, as you disclosed earlier, what I do object is your "fear mongering". As I said.... another Stock Hen, all complete with double speak. Have you checked your electrical supply... you know, we have: 1. Y2K coming. 2. Extended trading hours. 3. Use of the decimal system in stock pricing.... You better run for cover, as the market will crash... Particularly due to # 3. HO, HO, HO, HO, HO, HO, HO, HO, HO.....

To: Tommaso who wrote (627)	6/5/1999 2:43:00 PM
From: Monty Lenard	Read Replies (2) \| Respond to of 1390

Tommaso, anyone who says they get good service from Schwab must not try to use their services very often. I USED to get good service from Schwab but in the last 6 months or so I could have used a carrier pigeon and gotten better service. Not all the time but at the times when it is critical that you get good service. In the last couple of week they gave good service but the volume is about 60% of what has become the norm. The most fun I have had lately is shorting SCH. Tried to short them with my Schwab account but could not come up with the shares so I just shorted them at one of my other brokers. <g> Monty