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To: Ilaine who wrote (13927)	4/16/2000 1:15:00 AM
From: Dealer	Read Replies (1) \| Respond to of 35685

CobaltBlue, You could be right!

To: Ilaine who wrote (13927)	4/16/2000 4:57:00 AM
From: Jill	Read Replies (2) \| Respond to of 35685

Cobalt, unfortunately (or fortunately) I recall you from a fracas a year ago with edamo who is a veteran trader and a cyber friend of mine. And unfortunately (or fortunately) because I'm a writer, and those exchanges fascinated me, including some coffee shop posts of yours at the time he cited, I've never forgotten them. I do not believe the discount brokers "know" their clients in this e-trading world where everybody and their brother/sister has an online account. I've heard a couple of stories where people's margin maintenance was doubled overnight--and they were forced to sell the next day. I believe that comes from not knowing your client, and I think most individuals are way too freaked, or busy, to sue. People are adults. I posted an article to that effect over on our options thread. I'm not posting on this thread looking for stock tips. Perhaps others are. Maybe they aren't as misguided as you think, however. I'm sure you're on SI for the same reason we all are: it's a goldmine of good information. There's noise, sure, but the signal: noise ratio is extremely high. Jill Jill

To: Ilaine who wrote (13927)	4/16/2000 9:10:00 AM
From: Poet	Read Replies (1) \| Respond to of 35685

CobaltBlue, I think your post was well-informed and well-meant. Thank you for having the courage to post it here.

To: Ilaine who wrote (13927)	4/16/2000 1:03:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 35685

>> Stockbrokers have a fiduciary duty to their clients. "Know your client" is a requirement for brokers. I think the requirement is, "know how much money you can take from your client", CB. I'm sorry if that sounds cynical, but I've observed that the interests of the investment community and the individual investor are rarely synonymous, and when they do come into alignment, it's accidental. Discussion groups like the Porch are wonderful sources of ideas, be it on stock picks, investing techniques, or <horrors> legal matters. It goes without saying that one must perform their own due diligence on these ideas, which I presume is your point, but if you are implying that there is no need for dd when one is dealing with a licensed stock broker, doctor, or attorney, I take strong exception. There is no comfort in the thought that there might be legal remedy if one of these professionals should lead me astray. uf