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To: MichaelW who wrote (34816)3/18/1998 3:47:00 PM
From: Chuzzlewit  Read Replies (2) | Respond to of 176387
 
Michael, that's quite true. The more they get you to churn the more money the brokerage houses make. It also takes the form of "asset allocation models". x% in stocks, y% in bonds, and z% in cash.

Also, do you notice that the analysts affiliated with investment banking houses almost never issue sell or strong sell? That's because they don't want to p.o. their other clients -- the businesses whose stocks they hawk.

Regards,

Paul