Forum Archive Index - April 2000

["Paul Frost" <frostpt@ihug.co.nz>]

I borrowed this from another forum.

It makes interesting reading.

Yet another sign of a toppy market:
"On today's episode of the soap opera, 'The Young and The Restless,' Brad
was showing Nicki how to use the Internet to buy stocks. Nicki is a woman
who has never used a computer before in her life and hasn't typed since high
school. Brad showed her how to log on to an online brokerage site, then
proceeded to purchase 1,000 shares of a stock that had recently gone public
(a nice conservative blue chip for the novice investor).

"He held the stock for a grand total of five minutes, sold it and made $750.
Nicki was very impressed and was seriously considering buying herself a
computer so that she could make a little extra cash, too!

"'The Young and The Restless' is the number one rated soap in the U.S. so
I'm sure today's episode reached a wide audience of housewives who are now
just chomping at the bit to start trading stocks like Brad and Nicki so that
they can make themselves a little extra spending money!"

http://www.siliconinvestor.com/insight/contrarian


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