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• Selling Stock With Investor Relations by Carolyn Kott Washburne

  ARTICLE SYNOPSIS ...Selling Stock With Investor Relations by Carolyn Kott Washburne A veteran stock broker took aside a new trainee to give him some advice. ""There is an old saying in this business,"" said the veteran. ""When the president of a company wants to buy you lunch, the stock is overpriced. If he refuses to pick up the tab, buy the stock immediately."" He paused and smiled at the puzzled trainee. ""What that means is that by the time a company goes on the road to pitch its stock, there isn't much of a story there for investors. Wait until things get better."" The veteran's advice gives a clue to the...

AUTHOR: Carolyn Kott WashburneDATE: FEB 1985