“Waterhouse will be doing about two-thirds of its trading on-line. So I think that's going to be kind of a key offering, kind of a watershed offering for the month. If it does okay, then I think the Internet correction might have run almost its entire course.”
“There's a lot of competition in that area and it's an area that's currently being investigated by various legal entities. Plus, they are a one-product company, so any one quarter can be difficult if sales slow.”