Show Dont Don't buy Brooklyn Bridge is still the best advice A rash of telephone calls recently offering local residents a get rich quick proposition on coffee stocks prompts a reprint of advice issued in the Express 20 years ago Entitled Dont Buy the Brooklyn Bridge the editorial stated Half a century ago swindlers preyed ruthlessly on off fresh the boat immigrants to this country A great coup was to sell one of these innocents the Brooklyn Bridge TIMES AND ANI techniques have changed Nowadays swindlers have subtler rackets- rackets one of them being fraudulent and worthless stocks Mounting complaints against unscrupulous unscrupulous unscrupulous un un- scrupulous stock salesmen led the Securities and Exchange Commission and the New York State Slate attorney general to work workout workout workout out with the aid of stock exchanges exchanges ex ex- ex- ex changes hanges and reputable brokerage houses a guide to prospective buyers It has now been issued and it Is as sound as it is simple Here are the basic rules Think before buying Deal only with a securities firm which you know Be skeptical of securities offered by telephone by a firm or salesman you dont don't know Guard against high pressure sales methods Be particularly wary of promises of quick and spectacular price rises Be sure you understand that there is a risk of loss as aswell aswell aswell well as a prospect of gain Get all the fac never facts never buy on tips or rumors Request the person offering securities over the phone to mail mall you written information information information in in- formation about the corporation corporation corporation cor cor- its operation management financial position etc and save this for future reference If you dont don't understand the written Information in information information In- In formation consult someone who does Follow this guide and you wont won't be buying Brooklyn Bridges I This time-honored time advice came from the Indiana News |