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Pastimes : CNBC -- critique.

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To: Joseph Beltran who wrote (7671)4/6/2001 11:03:40 AM
From: BWAC  Read Replies (1) of 17683
 
Hey you want obnoxious?

Here is obnoxious:

Talking Stock segment today

Some DIRECTOR OF RESEARCH said he paid $36 for PALM.

(Now just to set the tone. That would be around $21 Billion for the market cap of PALM. 10x sales. For a breakeven earnings to slight loss company.)

DIRECTOR OF RESEARCH my foot. GAMBLER of OPM.
Gambler of Other People's Money.

CNBS 'should' start asking questions like "How could you invest other peoples money into a stock with those valuation ratios?"

Get real.
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