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"I don‘t want people out there sadâ€" dened by the prospect of their savings being wiped out after the shares did poorly." But there had always been a cauâ€" tionary message along with the "10 or 11â€"dollar" share, a message that many people chose to ignore in the pleasure of the moment. Instead, they saw the single shares as the basis for further sureâ€"growth stock investments and a means of financing their children‘s education or of providing a nest egg of some sort. "I‘ve had parents say they were buying shares for their kids on birthâ€" days and Christmas and so are the kids‘ grandparents," he said. "They said they were getting a portfolio Many of them had called Reid askâ€" ing for advice in investing in the stock market. He has always warmned them of the gamble involved in this and that they should be ready to lose their money if they play the market. Reid got the idea of giving out one common share to each of the first 100 children coming to his door on Halloween night as a means of "cheering people up" after the econoâ€" my slumped in Oct. 17, 1987. He said children saw their parents‘ concemn, but didn‘t know the reason for it. He thought having stocks of their own might teach them a little bit about the economy and how it works. When the word got out, children, most of them accompanied by their parents, were lining up at his door to receive the certificates as early as five hours before he opened his door promptly at 5:30 p.m., he said. His novel idea sparked worldâ€"wide interâ€" est with "practically every Englishâ€" speaking newspaper in the world" carâ€" rying the story. _ That‘s what recently happened with a couple of types of shares he had dispersed to the children. At the beginning of last year, Royal Trustco and Curragh Resources began to drop and a year later they had fallen from $8 and $7 a share respectively to about 35 cents a share and, according to Reid, the companies "face "I‘ve tried to caution people that stocks go in both directions â€" up and down," he said. The rest â€" Irwin Toy Co., Laidlaw Transportation Co., Provigo and Canadian Tire â€" have not shared that fate. In fact, the Canadian Tire Shares he put in Halloween baskets the first year of his project, doubled in value within the year, he said. At first a fun project, the game of chance has taken on a negative side because recipients believe the comâ€" mon shares have only one way to go â€" up / _ "It‘s not worth selling a single share because it costs more than it‘s aworth," he noted. "On the other hand, ‘stocks sometimes split and one share might be worth 10 or 20 shares by the time the kids have grown up." Parents missed the After taking stock of severe losses in two companies coupled with recipiâ€" ents‘ expectations attached to the slips of paper he‘s been handing out to chilâ€" dren for the past seven years, Reid has decided to put an end to his Halloween tradition. messageâ€"Tom Reid By BARB JOY Oakville Beaver Staff Reid is not a stock broker. In his own business, Reid Management Ltd., he handles publicity and does public relations in governmental regulatory affairs. Currently, he is standing between the media and the lessees in the controversial Pearson Airport deal, a position that apparently doesn‘t faze No free stocks on Halloween ~ Little witches and goblins knockâ€" ing on Tom Reid‘s door this Hallowe‘en won‘t be getting the usual common share certificates along with their candies. "I know how to dodge the bullets," said the father of eight children. Oct. 20, 1993 It all depends on the economy, he UsTEN TO A DELIGHITFUL SORYTfLIUNG Of OfMMY CAKE* fil 10:SO OR 1145 1 160 William St., Oakville â€" 3385533 children aged 3 1/2 to 6. Within this carefully prepared environment, we uphold the right for children to have their childhood. Our approach is gentle and uplifting â€" the best preparation for the school years to come! OPfI AOUSE The LAKESHORE WALDORF KINDERGARTEN You & your children are invited to The kindergarten provides a nurturing "morning home" for SfT., OCT. 23 IORAM â€" PM Tom Reid: no free stocks to give out on Halloween CAD/ICAM OPERATOR Are You on Unemployment Insurance? This program is designed to train you in various manufacturing applications and includes Computer Numerical Control programming for milling and turning, computerâ€"aided drafting (CAD), and computer aided machining (CAM). Location Start Date Prerequisite Cost Contact This program is sponsored by C * Alternatives to low income CSB‘s. * Low risk, high return investing. * Top investment picks for the midâ€"90‘s. * Creating your own mini tax shelter. * How to use tax dollars to invest instead of losing them to The following 20â€"week fullâ€"time program may be for you the government. _ * A way to get a 90% refund on your RSP contributions. e The interest tax bite. This seminar is specifically for those paying in excess of $14,000 income tax. Thursday, October 21, 1993 at 7 p.m. Holiday Inn, Oakville SEMINAR TOPICS e Do not miss out! NORTH SOUTH Sheridan College Skills Training Centre 407 Iroquois Shore Road, Oakville Visit your nearest Canada Employment Centre Monday, November 8, 1993 Grade 10 functional level test required No fee for U.1. recipients 7 PAY LESS TAX SHERIDAN INVEST WISELY Sponsored by Call now to reserve (905) 896â€"1822 lroquois Shore Rd. Q.E.W. 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