[Libloather]

Rubin is conspicuously left off the perp list.

[clamboat]

I wish I could join a class-action lawsuit against my former brokers at Smith Barney - Newbold Strong and Doug Delong in the Philadelphia office. These two "investment advisors" advised the purchase of MCI-Worldcom when it was at about $60. After I agreed to buy some it dropped like a stone, to about $40. I called and asked them what was up? Is it time to unload this turkey? "No, no", they said, "the drop is expected - it is just arbitrageurs hedging their bets around the MCI-Sprint merger. Now is the time to buy more!" So like a fool I listened, and we doubled my investment in MCI worldcom.

I finally pulled all of my remaining portfolio out of Smith Barney late last year - too late to save much. I sold the Worldcom at $17 per share. Other stellar recommendations from these fools were CMGI, Lucent, JDSU, EMC, etc. I made my own poor investment descisions as well, which didn't help. But if you want to hold on to your money, make your own mistakes rather that letting these rippoff artists at Smith Barney lose it for you.

If they were not involved in a criminally fraudulent effort to sell securities that they knew were dogs, then they are the biggest investment fools I've seen - right behind me who listened to them. That's quite a choice - they're either incompetent idiot investment advisors or criminals.