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To: Mark Fowler who wrote (15887)9/2/1998 10:06:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I know. Others mocked it as such. BTW, they are also sometimes referred to as "cheat
sheets" and are commonly used on underwritten offerings like IPOs and secondaries, but
I have no doubt that in these days of analysts acting as PR agents for i-banking clients that
they wouldn't also pump up the sales force when insiders or big institutional clients want
to unload.


Bob,

I recall the mocking also. The ethics of the brokerage houses really need improved but I have over that here about 50 times. You are correct; the brokerage houses push stocks on the small investors to get their insitutional investors out.

Glenn