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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV

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To: BBG who wrote (2307)12/7/1998 9:50:00 AM
From: MrLuckyman  Read Replies (1) of 2843
 
>>>From Herb Greenburg's column at The Street.com:

Free speech: In the wake of WavePhore's (WAVO:Nasdaq) public assault last
week on JJC after his negative comments about the company on CNBC's "Squawk
Box," JJC told me he probably will never again make negative public comments
about a company. WavePhore has requested that JJC's comments be probed by
the Securities and Exchange Commission.
What's more, JJC's comments sparked a letter-writing campaign to have him
banned from CNBC.

One letter writer called his CNBC appearance "inexcusably
UNPROFESSIONAL! This one individual made the entire staff of CNBC look like
morons. CNBC should make the smart decision to replace this person with
someone who is PROFESSIONALLY OBJECTIVE in his or her analysis."

Uh, hate to be the one to break the news, but money managers who co-host
"Squawk" or appear on TV and are quoted in publications often have a vested
interest in stocks they mention. Oh, but I get it, that's OK just as long as what they
say is positive. If what they say is negative, they oughta be investigated. Gimme a
break. These wackadoodles, as Barbara in makeup at CNBC likes to call all
zanies, ought to go back into the asylum.<<<

What did you expect, that Cramer's editorial staff would apologize for his tactics?

Personally i wouldn't care if someone attired in a clown's outfit was singing an opposing or negative view about any company as long as it contained accurate information and an opposing viewpoint was allowed to be fairly presented. What occurred here was simply a "media mugging".

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