GEAC.....Canadian best kept secret Message Board

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Gold/Mining/Energy : GEAC.....Canadian best kept secret

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To: Mike K who wrote (450)	8/6/1998 1:12:00 PM
From: Robert	of 1571

What I said was, try buying those funds from someone like NB. I also own them, but had to leave NB to get them (why is that?). Maybe NB is the worst of the bunch, I don't know...The guy's I dealt with couldn't pick anything, and their timing was always wrong (remember, they are the recipients of their house's respective investment research depts). I found out through different colleagues that this was fairly typical. These guys quit with no notice, but had no trouble moving to TD Evergreen, so take that as a warning against the latter..People post analysts reports like they were a guarantee. I've done it myself, but mostly using people I trust. Reports aren't of much value when a stock is in a down-trend, which by definition is movement of the market OUT of an issue..If analysts really believed what they were saying, they would be buying like crazy and reversing the trend. Instead, they want you to do it for them....and they make money from commissions, which entails no risk to them...R

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