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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Investor2 who wrote (10122)11/29/1999 1:26:00 PM
From: Kirk ©  Read Replies (1) of 15132
 
Is this the sign of a top?

I remember when brinker.com gave the boot to Tony for telling people how great a penny stock was...

Now they are talking up investments in pre IPO companies.

Jim Jorgensen, who was ALL mutual funds, has had his son on His National show the past month or so talking about future IPO's even before Brinker started this on his show. Jim added CMGI to his recommended list in June and CTRX in May and has done well so now is also an "expert".

When I see radio-men who made their fame and fortune advising the multitudes to buy and hold low cost, no load mutual funds for all the 1990's start advising in buying high growth, high risk stocks, I start to worry when both start touting IPO stocks to their audience within months of each other. Sort of like the old addage... "when the taxi cab drivers and barbers tell you what hot stocks to buy it is time to worry". Where else do they get their news but on talk radio?

This has me far more concerned than "the Phases" discussion.
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