wetcw@pyuxa.UUCP (T C Wheeler) (07/05/84)
Ho boy, have you hit on one strange outfit. For the life of me I can't understand how this company, First Jersey Securities, ever made money once they showed the Company President looking over his stable of horses. I began to get suspicious when I saw this ad. Who would want to invest with someone who played the horses, I said to myself. The next thing I noticed was that the guy had bought a horse farm in Tinton Falls, N. J.. He then proceeded to turn the place into a showcase. He must have spent $100,000 alone on MATCHED holly trees to plant all the way around the place. The barn he put up looks better than most $250,000+ houses in the area. The two gates to the place, with guard shacks, tv, etc., look better than the entrance to the White House. He calls the place "DUE PROCCESS". I wonder what he means by that? I have a good friend down the street from me who works for this outfit. He has tried to interest me in investing with them, but I have managed to weasel out of any commitments without damaging the friendship, so far. I have been reading about FJS's problems for over two years now, so I would steer clear( or is that stear?) of FJS. From what I have read over this period, FJS has a bad habit of churning accounts. Good for the company, but hell on your account. I expect that FJS will be visiting SEC soon for a reckoning. T. C. Wheeler
hrs@houxb.UUCP (H.SILBIGER) (07/12/84)
The FJS horse farm must be the fanciest layout in the East. It probably is expensive enough so that it will be impossible to make any money breeding horses. This will provide some individuals or companies with nice tax losses, I assume. As for the name Due Process, I think that's probably the name of a race horse. Of course it could also mean that due process is used to separate people from their money :-) .
joec@u1100a.UUCP (Joe Carfagno) (07/13/84)
{eat me}
The FJS horse farm sure is one of the fanciest in the East, but the horses
don't run too well. At least the one from Due Process I bet on at Monmouth
Park last Monday didn't run too well.
What an article to find in net.invest - a different kind of investing in
(on) horses.hawk@oliven.UUCP (08/01/84)
>He calls the place "DUE PROCCESS". I wonder >what he means by that? Perhaps that's what he'll get when half a dozen three letter USG acronyms catch up with him? :-) -- hawk (Rick Hawkins @ Olivetti ATC) [hplabs|zehntel|fortune|ios|tolerant|allegra|tymix]!oliveb!oliven!hawk