The Net Gives Schwab Its BounceBy
Money manager David Post of Harris Bretall Sullivan & Smith in San Francisco, which manages more than $4 billion, goes for fast-growth big-cap stocks--and Internet plays. In July, Post bought oodles of America Online at a split-adjusted 28 a share. AOL has since rocketed to 92. But these days, Post is buying Charles Schwab (SCH), a giant in financial services--including low-cost online trading--catering to individuals and institutions.
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