America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: KeepItSimple who wrote (27031)	7/27/1999 7:56:00 AM
From: Pruguy	of 41369

Open an account at any major brokerage house. Depost a million dollars or so. You'll find that the brokerage will give you a "special" call days before they issue a "buy" recommendation, and they will give you a warning before they issue a "sell" recommendation. that statement of yours sums up the belief of many investors...it is not only illegal but unethical. I have many accounts that have openned acts. with larger balances than 1mm and I don't get tipped on recommendations before they are publisized. Many investors nowadays seem to think because they have access to more info than they did before the net came along, that they are experts....I read these boards diligently because many posters have very intelligent thoughts that I am happy they share. Most posters here, at least when talking about the markets exhibit that they really know very little other than how to get a cheap execution. These are the investors that need a full service brokerage they can trust to teach them how the markets work. I realize that I will get flamed for this post but the number of posters here may be better of in the long run if they realize they only know enough to be dangerous, but most of their ideas of how the markets work are just wrong.

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