Anyone see the little expose in Business Sunday (Channel 9) re the 
$7,000 investment software?

Some mob has just set up on the Gold Coast in pretty nice offices and 
has made a TV promo flogging their new magic secret to painless, almost-
instant riches.  Unbelieveable claims made:  The speaker (some TV news 
reader - not Melbourne) claimed to have turned $2000 into $70000 in a 
year.  No effort needed - just do what the computer says.  But the 
trading claim was essentially bulldust.  The claim was based on a 
simulated trading history for a selected period, but this was not 
mentioned in the promo.  No disclaimers.  No warnings.

Best part of the item was the interview with the "technical manager" - 
who obviously wished the earth would open up and swallow him.  He 
basically disowned the "marketing people" in his own outfit.

The shonks are alive and well it seems.  So are the mugs who will part 
with $7000 for some more snake oil.  Plus you have to wonder about the 
morality of the speaker in the promo.

My only worry is that the price seems aimed at the financial or 
institutional industry, who can afford that kind of money.  Are they 
that gullible?  Makes you worry a bit about the quality of their work.  
Or will they use this new magic tool in their turn to con naive  
investors?

Usually these clowns creep out of the rocks at the blowoff phase in bull 
markets.  This lot are a bit early it seems.  Or maybe they are just 
dumb.

Rgds

Bob
___
X CMPQwk #1.4X UNREGISTERED EVALUATION COPY

--- Maximus/2 2.01wb