Someone PLEASE try to find the info on what A.G.
Edwards said about talking to SWS 2 to 3 Weeks ago. I
know i saw some thing that said that AGE PERSIONALY
talked to nine broakerage firms and six were already
being aquired by banks, that leaves SWS and two others.
Goodtimeing if you read this try to find this info. It is the
golden key for a take over that has been
Some has been acumalating SWS and i think it is AGE.
AGE has alot of cash.
I really think we have hit bottom. Should see a
jump next week. I think management is timing
everything so that don't get caught in the hype of momentum
traders. $80 plus by the end of June. I like SWS even
better than NDB because it does have the bricks and
motars. But because their online business is still
relatively new they won't have to integrate like MER has to
do. They also have the clearing business that serves
the likes of MER, MWD. Also read they will offer
IPO's through Wit Capital. SWS is going to be real
winner in this space.
Can't verify other than to say it was a press
release on the Yahoo board talking about the alliance
with SBC. I though I made a mistake and goodtiming
said it was for all OLBs. It reads 15,000 a day. Check
it out. The article by Carol Humer TheStreet.com
dated May 29th indicated that because they have little
analyst coverage, the lack of pressure enables these
firms to reveal much less information about the online
businesses than their competitors. Michael Flanagan an
independent analyst says
"We can view Southwest as we did
Schwab a year ago when Schwab's business was
increasingly becoming mor Internet-oriented. I think that's
the same type of trend investors are sensing with
I wouldn't buy this dog if it drops to the 30s.
Wise up people, E*Trade, Ameritrade, Datek have eaten
the cake already. Heck, even Ma Merril is getting in
on the online action. SWS's best hope is to be
bought by some big fish, else this sucker is a
I believe June 11th is the date for the cash
dividend. The stock dividend is as of July 15th. After the
date of ex-dividend, the stock automatically opens
lower the next day, similar to a split. For instance if
SWS, closes at 60 on July 15th, it will open at 54 on
July 16th, plus or minus normal fluctuations between
the close and open. I think that this 10% dividend
will not even be noticed, and so the stock should
immediately jump back to the original price. I for one expect
a huge upside on this stock, and I have been long
on this stock since $28 per share. Keep the faith
because there are few better values than SWS.