Ej 10-k
44 RepliesJump to last post
[quote=Gone Indy]I’ll never forget the analysts changing YUM to a sell
and stating in his report that fewer people are eating at Taco Bell,
Pizza Hut & KFC because everyone in the US in so health
conscious. UHHHH…mr. analyst did you forget about the rest
of the world where they eat that crap daily?
[/quote]
The chinese are bonkers for KFC. YUM is very well positioned for
growth the sectors where people are still eating that crap and finally
being able to afford KFC.
I would have to think there would be some pretty sharp individuals at EDJ, maybe janitors, who sit around and look at each other…and say…wow…there’s alot of dumbass recommendations flowing out of here…and then…rock paper sissors…who will wash weddles cars this weekend…
You are all stupid and ignorant. Obviously, the main criteria for recommending a stock is the amount of PE. The higher the better. So Tiffany’s, which we recently pegged as a buy, is trading at 27 times earnings. Perfect. Hopefully the next stock we recommend will be trading at 30 or more.
ss-
Calling others ignorant makes you appear even more stupid. I'll ask the question again that you haven't answered...Tell us why revenue sharing is good for your clients or helps them trust you. We are all waiting...
Obviously, Footsoldier, you are a “red.”
Revenue sharing allows us to provide clients with due diligence obtained from outside vendors with exclusive access to brokers. By limiting our knowledge of product to only those offered by our 8 partners, Edward Jones keeps us from making an effort to learn about the outside world and keeps us focused on our primary job…selling Capital Income Builder.
Anyone who does not buy American funds is an idiot.
[quote=Starka]My all time favorite strong buy recco from ol' Alan was Lucent (LU).[/quote]
I remember sitting in one of those god forsaken meetings in St Louis (1999) and all of us IRs were treated to a special visit from Dave Powers. I will always remember his exact quote..."if you people are not putting your clients in Lucent, Worldcom, and AT&T you are missing the boat". I swear that those were his exact words, I couldn't make that up if I tried.
Why bring politics into it dipsh*t. You are so far inside EDJ bowels you can't see out of it. If you think CAIBX is the bomb, I won't disagree, but to make a blanket statement that anyone who doesn't buy AF is an idiot, says volumes about you. You have no frickin brain. You rely on the management to tell you what is right for your clients assuming you actually have some you that you didn't inherit after you left the cozy confines of SL.
If you can, find out the trading costs of your beloved (and mine) CAIBX. I'll give you a hint, 1.75% all in. So even the best have expenses that are large. Personalfund.com might be a good place to start or look at the whitepapers written by the managers at DFS.com.
And do you really think that all firms don't have due diligence trips. Most don't kick it back as well. So your argument is full of as many holes as your lame responses.
I won't resort to bspears tactics, but I do have almost 15 years in the business and not one company, even American, is much better than the indexes. I remember when you were in college(assuming you went) and the powers at Jones kept us in the dark regarding Putnam, another family that you couldn't lose with. Right. So as much as I have loved the performance of AF, they ain't up there with the elite because everyone will have their day to shine as well as take the heat. It's only a matter of time. You just haven't been around long enough.
One last comment. Until Jones added Franklin, I sold alot of them. The wholesaler used to come in and tell me the reason Franklin wasn't a preferred was because your management demanded upfront money. Finally Franklin gave in and now Oppenheimer did as well. When over 60% of your managements profit (notice I did not say your company)comes from kickbacks, I and others say YOU ARE DIRTY.
Get off your soapbox and start calling on your bond of the day. After all your customers do come first. What a joke.
foot,
Just so you know, SpacemanSpLiff is the one taunting you, not SpacemanSpiff.
Before you think I'm an idiot for reiterating Indyone's post, please note the time of the posts... Now, you may think I'm an idiot for other reasons, but that's another matter entirely.
Everybody here is ignorant and doesn't recognize the fact that asking for the order, regardless of client needs, is paramount. We do what's right for the client, especially in PG or JNJ phone sessions. Also, revenue sharing allows us to better educate the client via the materials provided from product partners.
I would like to close by saying
"I am the richest man in America."
[quote=Spaceman Spliff]
Everybody here is ignorant and doesn't recognize the fact that asking for the order, regardless of client needs, is paramount. We do what's right for the client, especially in PG or JNJ phone sessions. Also, revenue sharing allows us to better educate the client via the materials provided from product partners.
I would like to close by saying
"I am the richest man in America."
[/quote]
Excuse me, Spacedout Queef, a few of us do know that. In fact we're so good at it that we don't waste time educating clients that we could be using to close deals.
[quote=Gone Indy]
[quote=Starka]My all time favorite strong buy recco from ol' Alan was Lucent (LU).[/quote]
I remember sitting in one of those god forsaken meetings in St Louis (1999) and all of us IRs were treated to a special visit from Dave Powers. I will always remember his exact quote..."if you people are not putting your clients in Lucent, Worldcom, and AT&T you are missing the boat". I swear that those were his exact words, I couldn't make that up if I tried.
[/quote]
Dave Powers. Now there's a blast from the past. Is he still an analyst with Jones? I know he gost busted down from covering the vaunted tech sector to covering industrials or something like that. I think that boob Art ?? does tech now. I remember how cocky and full of himself Powers was in those meetings, too. What a waste of skin! OTOH, he did have a really hot wife.....who was about 6 inches taller than him with her heals on.
[quote=now_indy]
Before you think I'm an idiot for reiterating Indyone's post, please note the time of the posts... Now, you may think I'm an idiot for other reasons, but that's another matter entirely.
[/quote] You are correct. The real Spiffy posts during the workday from his cubicle in St Louis - that's his job.Are you saying that Spiff is an office pogue withoiut first hand knowledge of
production? If so, that’s despicable.