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To: hlsjones who wrote (159591)8/13/2000 1:08:26 PM
From: OLDTRADER  Respond to of 176388
 
Mutual Funds are for idiots and 95% of the young/inexperienced managers ar nothing more than figureheads/"emporers without clothes" who are just playing around with your money while they "suck your account dry with their monstorous/exhorbitant "evergreen fees" calculated monthly!!!-It has been the MER game now for 15 years-(fire the real brokers and hire script reading cheap/female help to replace the men who were trying to build honest businesses to feed their families and with respect!-(At MER if you don't do funds -you are fired!) and it is true now in all the other sizeable firms-banks,mutuals etc-ALL of their ten. year records are unenviable to say the least/pathetic!-Only problem ---now most of the investor/population is,FINALLY-waking up to these rather obvious facts-THAT-""they have been conned"--and---"big time"-.-Far better IMO to own individual stocks-i.e. (DELL up zillions of times better/10 years even after being creamed by salacious shorts and run your own account by your self believing no one!Especially the New York crowd!