Forum Archive Index - August 2003
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RE: [sharechat] Warning - Access Brokerage Ltd
Brenda,
Thank you for the heads up on this. Information such as this is much
appreciated, especially from overseas investors.
Great job.
Allan
--- On Mon 08/11, Brenda Fox < a1armist@yahoo.com > wrote:
From: Brenda Fox [mailto: a1armist@yahoo.com]
To: sharechat@sharechat.co.nz
Date: Mon, 11 Aug 2003 17:12:57 -0700 (PDT)
Subject: [sharechat] Warning - Access Brokerage Ltd
<DIV>
<P>Access Brokerage Ltd have recently been distributing emails (touting for
business) by advising that they have expanded their research facilities for
clients. As part of their campaign they make reference to an Australian
research company called Fat Prophets, which is in effect, a tip sheet
subscriber service. This seems more like a mutual advertising association than
genuine research.</P>
<P>However, care should be taken when reviewing Fat Prophets "so called"
performance claims and as a result, also their research credibility. The
following are some of the internet references regarding dubious performance
claims made by Fat Prophets who were investigated recently by the Australian
Securities Commission.</P><FONT size=2>
<P></FONT><A
href="http://www.theage.com.au/text/articles/2002/10/26/1035504923565.htm"><FONT
size=2>http://www.theage.com.au/text/articles/2002/10/26/1035504923565.htm</FONT></A></P><FONT
size=2>
<P></FONT><A
href="http://www.moneymanagement.com.au/articles/6f/0c011c6f.asp"><FONT
size=2>http://www.moneymanagement.com.au/articles/6f/0c011c6f.asp</FONT></A></P><FONT
size=2>
<P></FONT><A
href="http://www.cpaaustralia.com.au/01_information_centre/05_investment/1_5_0_rb_20021028.asp"><FONT
size=2>http://www.cpaaustralia.com.au/01_information_centre/05_investment/1_5_0_rb_20021028.asp</FONT></A></P>
<P><A
href="http://www.watchdog.asic.gov.au/fido/fido.nsf/print/02%2F378+Fat+Prophets+required+to+trim+claims+?opendocument">http://www.watchdog.asic.gov.au/fido/fido.nsf/print/02%2F378+Fat+Prophets+required+to+trim+claims+?opendocument</A></P><A
href="http://www.watchdog.asic.gov.au/fido/fido.nsf/print/02%F378+Fat+Prophets+required+to+trim+claims+?opendocument"></A>
<P>Research is research, but Fat Prophets are not about
research.</P></DIV><p><hr SIZE=1>
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