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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Patricia Trinchero who wrote (526680)	1/20/2004 6:15:08 PM
From: TideGlider	Read Replies (2) \| Respond to of 769667

You have learned from that. So many people haven't. It is becoming an active sewer again. I look in at some BBs now and then. The owners are generally live off them. Re-inventing them every year or 18 months. You are right. They eat people alive. I found one company just yesterday with a CEO that is the poster child for inappropriate broker representation, inappropriate investments ect. His case is a reference in many decisions today. See Gordon Scott Venters on the SEC site: In Gordon Scott Venters, 51 S.E.C. 292, 293 (1993), we found respondent violated the NASD's suitability rule where the respondent recommended that a 75 year-old widow with no more than $35,000 net worth invest $2,300 in a company that was losing money, had never paid a dividend, and whose prospects were totally speculative. In making our finding, we noted that the registered representative had recommended that the customer invest "an amount of money that was substantial in relation to her limited resources . . ., [and that] [s]uch an investment in [such] a company . . . would be suitable only for an individual who could withstand the loss of the entire principal amount." Id. at 293-94. Now he appears to be CEO of MGCN OTCBB Magic Media An ironic note: MgCN is Magnesium monocyanide ;^) Best of luck with your investments