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Author: crzyjoe One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2600  
Subject: Schwab in a slump Date: 11/10/1999 10:53 PM
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We seem to be in a slump now... Had a brief surge last week and then fizzled out.

What do you people forsee in the near future for Schwab?

I think this stock should slowly gain and hit the high 40s maybe even break 50 by year end.

After Y2K happens and all is well, this stock should surge for the rest of the year. The reason behind this is that people who were afraid of Y2k, and started to hoard cash or people who wanted to stay out of the market, or people who stayed put not trading, or new investor who finally want to dip into the market, see no more fears of Y2k, then all these people will jump back into the market, all the E-Brokers including Schwab will benefit from this. I think Schwab will benefit more than anybody since they have the brick and mortar branches that many amateurs and neophytes and just plain old fashioned people will want to come in and see a live person to write them the check.

I am a techno-guru and still prefer a company that has a branch somewhere. I never deposit my checks through ATM's, always goto a teller.

What do the analysts forcast this stock price for the next 12 months?
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