jpm
Sun, 13 Feb 2000 07:35:20 -0800
>Not wishing to break in to the hot debate here, there's a "quick" >"bargain" to be had on a "stele," whatever that is, apparently >without overt "guaruntees" on "price" but with an "envious" record >of week on week increases... This system seems to run to in >Mountain Standard Time, which, knowledgable people suggest, puts >it around Utah... > >http://www.virtualenchantment.com/price.htm > >So, once you've got your "stele," what do you do with it??? > >iang amazing isn't it ! yes, as I mentioned MLM schemes were invented in Utah and similar schemes proliferate there. the above scheme is UTTERLY LEGAL, you can be sure of it. there are literaly scores and scores and scores of these schemes run every year from Utah (and other scheme-centers) and they're all legal as apple pie. It might be daft, and one might recommend to one's friends not to participate unless they get in early, but it's completely legal, OK, good, honest, approved by the Attorney General, above board, etc. This is the problem I was trying to point out James --- it's such a fine line between something 101% legal/OK/sound like the above, and, some silly scam. Again, is there a fine line between "utterly legal" and "totally illegal"? Yes -- sure it's a fine line. Hell, if xpresstrade removed the "commodities trading carries risk of loss" legal warning from their web site, just taking a few words off, it would go from being a completely legitamte business to an operation in huge legal trouble! Here's a fascinating thought: AS MANY PEOPLE, percentage wise, LOSE MONEY AT ***AMWAY*** AS AT THE SCHEME ABOVE. They work roughly the same way, mates. Nothing could be more legitimate or apple-pie that Amway or Mary Kay. But, a few people "up the line" make lots of money w/ Mary Kay quite simply because vast numbers "down the line" lose money. The mechanisms and business model of Amway (for god's sake) or Mark Kay are utterly, exactly, precisely the same general approach as the egyptian artifact scheme above. (a) they're both just as legal (b) they're both just as legitimate (c) they're both just as dumb. And what are ya gonna do, ask Amway to display their balances? I mean no, you're not gonna tell Amway to go away, I don't think. (Again, it's worth pointing out that amongst short term investors, the vast number of people who trade stocks lose money -- "day trading" is a tremendously worse investment than even the stele affair above!) So yes, I think the scheme above is NUTS. Totally daft. If you have anything to do with it, please also send me gold for no reason at all! But then I feel the same way about Amway, Mark Kay and NuSkin. It's a good time for a cliche .. "don't throw the baby out with the bathwater" you know? --------------------------------------------------------------------- Did you like this email? Then pay the writer two cents! --> http://rootworks.com/twocentsworth.cgi?241164 <--