Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (6681)	7/10/1999 11:37:00 AM
From: mister topes	Read Replies (1) \| Respond to of 15132

This chimp thing has been blown totally out of proportion. Fact is the chimp had a big position in heyidiot.com which rose from $5 to $800 on its first trade where the chimp reportedly sold short and covered the same day at $11. Without the profits from heyidiot.com the chimp would have only beaten the "pros" by 50% instead of that gaudy 100%. But I have to give credit to the chimp for the perfect entry and exit points on that idiot stock. Too bad the other internet cowboys failed to act the same. Most of these stocks have lost much of their "value" since the chimp pulled out his short ticket on the idiot shares.

To: Justa Werkenstiff who wrote (6681)	7/10/1999 11:44:00 AM
From: Carl R.	Read Replies (2) \| Respond to of 15132

CR Newswire Newsflash **************** 11:43 Eastern time CRNewswire.com announced today a takeover offer for Monkey.com. Spokesperson Carl R. stated "Monkey.com has pioneered an important concept, monkey investing, and has shown that monkeys are actually much better investors than most humans since they are able to ignore the conventional wisdom of diversification and hedging, and are able to capture maximum returns by placing 100% of their investments in internet stocks, stocks which will always go up regardless of the underlying profitability of the sector." He continued "With other continents such as Africa only beginning to be wired for the internet we believe that Monkey.com is well positioned in a key growth area. As internet access within the jungle becomes increasingly common we anticipate that there will be a dramatic increase in monkey business on the web, and that in particular monkey daytrading will become commonplace. In fact we believe that ultimately monkeys will dominate the daytrading area. Furthermore we are excited about adding Raven to our management team, and we believe the that the intelligence and leadership of Raven will allow CRNewswire.com additional growth opportunities." This news release contains forward looking statements that bear no relationship to events likely to happen. Investments in CRNewswire.com are not suitable for any investors.

To: Justa Werkenstiff who wrote (6681)	7/10/1999 8:30:00 PM
From: Demosthenes	Read Replies (1) \| Respond to of 15132

All, On today's show a guy spent 100K in loaded funds for his IRA. I've been a brinkerhead for over 5 years and have been through this scenario with Bob on the radio hundreds of times. I have never bot any fund besides no loads and use NDB and Schwab, but this time Bob's response--so predictable--struck me a bit differently. First(ly), Bob, after getting the names of the funds, goes to his Barron's and goes through the "are you sitting down?" routine, making a big deal about the load % on each of the funds. The short-term performance of the funds was also questionable. Bob went on to say his usual derogatory implications about the broker who sold the funds and even went on to suggest that he went out and bot a new car with the commissions. (Even at 5% commission I don't know how you would buy even an acceptable used car for that). Bob recommended his and vangaurd's website for further education. I don't think it would be a stretch to say that Bob doesn't like brokers who sell loaded funds. But when a caller says they sold (or bot) their house I have never heard Bob ask what commission was paid to the RE broker or suggest that he/she went and bot a new car (as opposed to paying a mortgage or the dental bill for the kids). Couldn't Bob suggest a website or a book that would tell you how to do "for sale by owner"? Why hasn't he done so? When a caller says they bot a new car, how come Bob never asks what the commission is or suggests a website that would help us learn about taking delivery without the help of a dealership? Forget about mutual fund loads, you can save 10% on a car, or close to it. In all the calls about refinancing and mortgage rates, I've never heard Bob bristle with animosity. When commissions are involved in buying anything, we are paying money that can never be recouped and will never earn interest. Mutual fund loads can be avoided and Bob is on a mission with this option. And more power to him. God knows he's made me a fortune. My conclustion is that Bob is not as upset with the load that is paid for a mutual fund as he is with brokers who he holds in such low esteem. In comparing his attitude toward other commisson business' on MoneyTalk I don't see how anyone who has listened for years could come to any other conclusion. Comments? D

To: Justa Werkenstiff who wrote (6681)	7/10/1999 8:30:00 PM
From: Demosthenes	Read Replies (3) \| Respond to of 15132

All, On today's show a guy spent 100K in loaded funds for his IRA. I've been a brinkerhead for over 5 years and have been through this scenario with Bob on the radio hundreds of times. I have never bot any fund besides no loads and use NDB and Schwab, but this time Bob's response--so predictable--struck me a bit differently. First(ly), Bob, after getting the names of the funds, goes to his Barron's and goes through the "are you sitting down?" routine, making a big deal about the load % on each of the funds. The short-term performance of the funds was also questionable. Bob went on to say his usual derogatory implications about the broker who sold the funds and even went on to suggest that he went out and bot a new car with the commissions. (Even at 5% commission I don't know how you would buy even an acceptable used car for that). Bob recommended his and vangaurd's website for further education. I don't think it would be a stretch to say that Bob doesn't like brokers who sell loaded funds. But when a caller says they sold (or bot) their house I have never heard Bob ask what commission was paid to the RE broker or suggest that he/she went and bot a new car (as opposed to paying a mortgage or the dental bill for the kids). Couldn't Bob suggest a website or a book that would tell you how to do "for sale by owner"? Why hasn't he done so? When a caller says they bot a new car, how come Bob never asks what the commission is or suggests a website that would help us learn about taking delivery without the help of a dealership? Forget about mutual fund loads, you can save 10% on a car, or close to it. In all the calls about refinancing and mortgage rates, I've never heard Bob bristle with animosity. When commissions are involved in buying anything, we are paying money that can never be recouped and will never earn interest. Mutual fund loads can be avoided and Bob is on a mission with this option. And more power to him. God knows he's made me a fortune. My conclustion is that Bob is not as upset with the load that is paid for a mutual fund as he is with brokers who he holds in such low esteem. In comparing his attitude toward other commisson business' on MoneyTalk I don't see how anyone who has listened for years could come to any other conclusion. Comments? D