Quotations

Famous Quotations

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Rich Repetto Quotes

«Schwab is trying to shore up their capital markets and expand revenues.»
Author: Rich Repetto
«A couple of things made a marked difference for Nasdaq this year. They completed a secondary offering early in the year, which gave visibility to their cost-cutting and market-share gains. The strong performance of exchange stocks later in the year also helped lift Nasdaq. Finally, there's revenue growth, and the potential to take listed share next year as the New York Stock Exchange goes automated.»
Author: Rich Repetto
«Valuations have gotten relatively lofty in all six publicly traded exchanges. Nasdaq is the best buy of the six. It's a cost-cutting story. The opportunity to take share should extend through 2006 and 2007.»
Author: Rich Repetto
«This could be the first signs of the effects of increased competition in the sector. Every major online broker has increased its ad spending, with new online offerings and advertising by full-service brokers as well.»
Author: Rich Repetto
«Schwab is dealing with lots of issues. They still haven't fully integrated U.S. Trust.»
Author: Rich Repetto
«Ricketts believes there is more value in the company.»
Author: Rich Repetto
«While we fully expected the stocks to rebound well before their fundamentals, we believe the scenario has now reversed to a potential overbought scenario.»
Author: Rich Repetto
«They just have to hunker down and reduce expenses so they can benefit from increased trades.»
Author: Rich Repetto
«When [the NYSE] goes automated, expect all volumes to pick up substantially. It takes longer to pick up a phone than it does to process an order electronically. Less friction means more trades.»
Author: Rich Repetto
«This deal makes a lot of strategic sense. It combines complimentary liquidity pools.»
Author: Rich Repetto