RE:betaGood point. It was the huigh beta that caused TD Waterhouse to increase their margin requirements from 30% to 50%. Once that comes down it becomes a more favorable stock to buy. TD reviews changes every three months but in any case the gradual lowering of beta should help the multiples. as well as growing Earnings, lower debt and increasing dividends. A mid 20's pric eis not far away... Cheers