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Pastimes : Curious George - Myth or Legend - Help Needed -- Ignore unavailable to you. Want to Upgrade?

To: george harriman who wrote (24)	5/13/1998 11:56:00 PM
From: Area51	Read Replies (1) \| Respond to of 60

George, could you answer a couple of questions so that we could give you the best possible advice: Is this the account where the money is transferred into his name? That sounds somewhat irregular, and more than a little unethical. Is there some preset agreement on the percentage of profits that the broker is allowed to take or should he just rely on his judgement? Is there any legal agreement to ensure that the funds are not misappropriated? I still have a little CUBE (sold the Jan 00 40 calls for about $3 to give me a little spending money (beer money, buy the dog a new rug type expenses etcetera). You no longer like CUBE's prospects? Thanks for the great posts, Garry

To: george harriman who wrote (24)	5/14/1998 2:59:00 AM
From: EL KABONG!!!	Read Replies (1) \| Respond to of 60

George, Investing in a hedge fund may not be the smart thing to do. We need more information. You also don't want to risk all of your remaining capital in just one investment. Also, it isn't smart to try to get rich quick, as I told you in our private mail. Send us via private mail the brokerage name and the broker's name so that we can check him and his fund out. If he's an honest guy, he won't mind. We would also need the name of the fund, and a description of any legal paperwork and applications that he would have you sign. We would be very interested if one of the legal documents was for power of attorney, or another document that granted him exclusive control of your money for a non-descript period of time. George, you've got to learn patience. There really isn't a get-rich-quick scheme in investing. As I told you in the private mail, learn the difference between investing and gambling. Also, remember the "bigger fool" theory that I described to you. You don't want to be either a fool or a gambler. KJC

To: george harriman who wrote (24)	5/14/1998 8:30:00 AM
From: Phil(bullrider)	Read Replies (1) \| Respond to of 60

George, I see you have already received some excellent answers to your question. Excellent advice, also. See if the broker will give you the paperwork for you to bring home and check it out. Then you could describe it or fax it to one of us. I would be extremely cautious about this arrangement. Is this the same broker you mentioned that told you not to call him so much? This guy doesn't seem to have your best interests at heart. Hope we can help. Phil