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To: L.J. Hoffman who wrote (26168)11/16/1998 9:39:00 AM
From: OtherChap  Read Replies (1) | Respond to of 164684
 
> The brokerage houses are not governmental agencies >or charities...they are in the business of making money for their >paying customers.

Then why do they even bother to issue public recommendations? If they're completely in the biz of making money for their paying customers, then why give the "gift" of market guidance to the public? Or perhaps a better question would be, why would anyone listen to those public recommendations when the brokerage is taking the exact opposite position for their own cash?



To: L.J. Hoffman who wrote (26168)11/16/1998 9:40:00 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 

Well...that's sort of a negative spin on a little concept we like to call "CAPITALISM."
The brokerage houses are not governmental agencies or charities...they are in the
business of making money for their paying customers. If you have an account with
Morgan and feel you're getting bad information I can understand your complaining.
Otherwise, what's the problem?


LJ,

The problem is other not so bright people listen to analysts from various firms. If the analyst at Morgan Stanley says one thing and believes another, I would call that a lie. What would you call it?

Glenn