>What I don't get is way I don't hear about law suits against these brokers.
No doubt there will be lawsuits someday. Things haven't fallen apart yet, assuming of course they do.
>Even with the disclaimers. Folks are constantly bringing suit against
>companies for making them lose money. Everyones suing Compaq for leading
>them down the primrose path preceding the real bad earnings report. Do any
>of these suits succeed, do you know?
>One of my greatest stock market dream disappointments was finding out that
>you could "discover" a great little, money makin' company, with a PE of 9,
>(and an internet site) and no one was bothering to buy it.
If the PE is that low, there must be something wrong with it. Value investing is for losers!
Doug