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


To: PRATT9999 who wrote (647)6/4/1999 10:40:00 PM
From: Michael Young  Read Replies (1) | Respond to of 1390
 
The split might goose the stock a bit, but it is obvious that funds are using rallies to reduce their positions in SCH.

A P/E over three times the estimated long term growth rate is more than a little excessive.

I agree the stock deserves a premium multiple over the brokerage group. But not this extreme.

MIKE