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Technology Stocks : George Gilder - Forbes ASAP

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To: Jordan Levitt who wrote (4223)5/11/2000 2:55:00 PM
From: Roger Hess  Read Replies (1) of 5853
 
One thing that bothers me about the GTR is that they will feature a company, but show the stock price as of the end of the previous month.

I'm sure they bought the stock back then, which seems a little unfair when you consider what you pay for the yearly subscription. I mean, not only do they get in the stock early and get the immediate spike from people like myself buying their featured stocks, but they also derive revenue from my subscription.

It would be nice to know about the stock before the letter is put out so you could get in on the early jump in price.

You mentioned when someone tells you where to put you money and buying into their own advice - this makes me think of back in the days when I actually tried to get advice from brokers.

Let's say they recommended ABC Corporation. I would ask, "So, how many shares do you own of it?". Usually, they didn't own any for their own account - they were recommending what their brokerage was trying to move.

If a broker owned what he was recommending, then it must have been pretty good stuff, so I was more likely to buy what they recommended. Also, I never did this, but these guys should be asked what percentage their clients' portfolios went up the past year to get a good idea of what kind of a job they are doing for their clientele. And, a good broker should have that kind of info at their fingertips so they could make more sales due to their clients' confidence in their abilities.
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