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To: bill meehan who wrote (19580)2/13/1999 3:27:00 PM
From: accountclosed  Read Replies (2) | Respond to of 86076
 
Bill, here are some comments that show that stocks are truly residing in weak hands these days. Many just don't understand what investing in stocks is all about:

Message 7809235

And another item that you might consider putting in your tv appearances (you asked for feedback) is the fact that Wall Street is a marketing operation like any other business. That "investors" are too credulous, too seldom question why advice is being given. The fact is that the more money poured into the market, the more fees and commissions that Wall Street can attain. I think it takes far greater courage as a market strategist to say "Well maybe you ought not be 100% invested at this time". People like the ones listed above from the Dell threads might do better to pay off their credit cards, car loans, etc. All the "strong buys" generate commission dollars and too few investors are sober to that reality, imo.



To: bill meehan who wrote (19580)2/14/1999 7:42:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 86076
 
In the Market Watch section, there was talk of "pooling of interests" accounting being eliminated in the next few years. Have you heard anything about this, and what do you think about it?

Tom