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To: Giordano Bruno who wrote (166902)	5/20/2002 9:24:16 PM
From: Giordano Bruno	Read Replies (1) \| Respond to of 436258

MAY 16 -- Here is one of the tricks the big fund families use to pry money out of your pocket. They will take several smart "kids"(my term for recent business school grads who know all about market theory) and give them a sum of the fund family's money, maybe $100,000 or $200,000 and let them see what they can do with it. The fund is registered and no PR is done. The "kid" who has the best performance after 6 months or a year is then given the fund and the fund family does extensive advertising to bring in real money -- yours. At this point many times this "kid" is taken off the management and it is given to one of the regulars. The others "kids" are fired or sent to the Nome, Alaska office. John Q Public thinks he has a hot new fund. If you fall for the hype the only way you can protect yourself is with a fixed loss limit price at which you sell if it is penetrated. Isn't it nice to do business with the Wall Street experts who want to make you rich? -- Al Thomas