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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: shamsaee who wrote (20489)3/17/2000 11:39:00 PM
From: Uncle Frank  Read Replies (2) of 54805
 
>> I don't understand why everyone is warning me about prudential

Let's hope you don't find out the hard way.

Your friendly broker is obligated by condition of employment to push stocks as directed by Prudential. Often these are stocks Prudential is trying to dump from its own portfolios. Your broker had two reasons for trying to get you in a cash position:

1. You will generate commissions for him in doing so
2. You will have dry powder the next time he has a Prudential recommended stock.

SMan, you may think he's a benevolent sort who really cares about your financial future, but all he wants is your money. Go see the picture Boiler Room as soon as it is available in your part of the world. It is a work of fiction based on a factual framework. Or read the book Liar's Poker by Michael Lewis.

Take control of your finances or prepare to be fleeced.

uf@Isoundparanoid.com
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