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Technology Stocks : FBN Associates - Year 2000/Y2K IPO!!!

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To: ISOMAN who wrote (2213)12/3/1998 2:31:00 PM
From: Jeffrey S. Mitchell   of 2770
 
The concept in general with Fair$hare seems to be that the venture capitalists are the ones making the money. But since it takes big bucks to be a venture capitalist (not to mention time and effort), these Fair$hare guys "allow" you to act as a VC by pooling a small amount of money with a number of others. You then blindly trust the people holding your money to invest it wisely for you. But isn't that what investing in stocks is all about? OK, so maybe you're paying "retail" as opposed to "wholesale" as a plain old investor, but at least you can make your own decisions and can almost always get your money out at a moment's notice, which I don't believe Fair$hare allows you to do. So, unless these Fair$hare guys develop a track record, even without the MLM stuff it looks like the whole idea is a crap shoot at best.

- Jeff
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