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Pastimes : CNBC -- critique.

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To: WTMHouston who wrote (3851)10/22/1999 10:56:00 PM
From: Gary M. Reed  Read Replies (3) of 17683
 
To paraphrase Cramer: Wrong!

I used to do interviews for the local media on a daily basis. There were no scripts, no rehersals, nothing. A reporter would call, saying "meet me on the first floor of your building in 15 minutes," and that was it. You went down, not knowing what the hell they were going to ask you, and you did the interview, no sweat. I was a young LSU grad (same as Sydney Kohara--Geaux Tigers!!!) who had zero journalistic training, but knew what the hell I was talking about.

To say that the Ferret should be cut slack because she has no Teleprompter is BS. She's not giving a State of the Union speech. She is asked to give a 90 second overview of the market. For Chrissakes, the girl cannot even convert fractions..."IBM, 92 and 4 sixteenths...AOL, opening at 120 and 12 sixteenths."

The CNNfn people do the same exact thing as The Ferret, only better. Rhonda Shaffler does exactly what Maria does, sans the dramatics, the hype and the screaming. Rhonda talks in a level tone, and basically says, "here is what's going on...these are the stocks that are moving and this is what we are hearing..." The Ferret, on the other hand, feels a need to turn the floor into a soap opera. And the endless "pounding the table" analogies get really really old. Sometimes I wonder if The Ferret was trained at a bucket shop, because her mannerisms are point blank what I was taught at a bucket shop 10 years ago. Wonder if The Ferret is friends with Robert Brennan?

Bottom line is this: The Ferret thinks she is bigger than the show (i.e. the market) itself. She goes mental whenever a trader steps in front of her, thereby blocking the view of Her Marketness. Even though that trader is performing a valid job, whereas Squawk wouldn't miss a beat if the Ferret's daily report from the floor turned up missing.

The best thing CNBC could do is give her carte blanche to be a full time writer for Individual Investor, formerly known as Penny Stock Journal. If she left CNBC, let's face it, would we even notice or care? I think not. Honestly, you have to seriously question someone's integrity when they believe their personality is bigger than the market itself.

Teleprompter my ass...I never needed one and I did a bang up job, if I say so myself.
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