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To: Fredman who wrote (7676)11/1/1998 10:26:00 AM
From: Wally  Read Replies (2) | Respond to of 15313
 
Fred: Most of the big brokerages have a hatchet man who they allow out of the cage from time to time. They need someone out there to predict doom occasionally. If the sky actually falls in, the firm can say "You see, so and so predicted it and he/ she works for us!"
Simple (and simple-minded) but true,
Wally