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To: Cosmo Daisey who wrote (3385)1/26/1999 9:29:00 AM
From: RocketMan  Read Replies (2) | Respond to of 41369
 
LOL, my favorite is the guy who runs the Prudent Bear fund. CNBC has him on every now and then to bash the internets and to preach gloom and doom. What they don't show is his chart

quote.yahoo.com

Except for his 15 minutes of fame last fall, his charts looks like a disaster movie. If these guys are gloomy today, I wonder what they were saying back when we had high unemployment, rising interest rates, raging inflation, and deficit spending?



To: Cosmo Daisey who wrote (3385)1/26/1999 11:05:00 AM
From: J Krnjeu  Respond to of 41369
 
<<Duh, maybe thats why his fund was up 9 percent last year.>>

They mentioned that on the air and said why should investors pay you a commission to receive a 12% return. Everyone laughed, even the moron analysts.

Web traders are taking business away from the mutual fund managers and they are starting to feel it. I read somewhere that ML laid off 4,000 brokers worldwide.

Thank You

JK



To: Cosmo Daisey who wrote (3385)1/26/1999 11:13:00 AM
From: robert duke  Read Replies (1) | Respond to of 41369
 
No kidding.