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To: Pete Mimmack who wrote (191)3/17/1998 6:38:00 PM
From: debra vogt  Respond to of 264
 
I do not know if S. Fraser is any worse than a lot of the analysts out there. I bought Ultra Petroleum after reading his newsletter and have been very happy with my investment. I do have a hard time with analysts who recommend that you get out of a stock after it cannot go any lower, and then tell you how much money they made for you on the intermittent runups!



To: Pete Mimmack who wrote (191)3/17/1998 10:28:00 PM
From: Paul Dancer  Read Replies (1) | Respond to of 264
 
Thanks for the information - doesn't seem like the time to bail out now.

I have no problem with any analyst or newsletter making mistakes, and it's been a tough resource market to call. But the people who earn my respect in any area of life are people who take responsibility. Take all the credit you want on good calls, but don't insult us by twisting the truth when things go sour. It's pretty rare to find that in newsletters, but Fraser has got to be one of the most outrageous. (almost comical actually!)

My plan is to only follow those that actually price and track their recommendations honestly. This really puts the pressure on them to perform. For example, the MoneyLetter always uses the average price of a stock for the week after the letter is mailed - that seems fair to me.