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Pastimes : CNBC -- critique.

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To: Yogizuna who wrote (4300)1/26/2000 5:16:00 PM
From: Gary M. Reed  Read Replies (3) of 17683
 
Apparently, CNBC is doing a takeoff of Regis Philbin's prime time game show. CNBC has titled their 5:00-6:00 EST show "Who Wants To Be An Idiot?"

Who paid off Tom Costello? Dell's announcement was expected??? I hardly think so. The piece of crap sells at 70x EPS, I don't think that reflects an expected pre-announcement. Tom is spending too much time talking to traders who are long DELL and are merely talking their book.

When a stock pre-announces TWO quarters in a row, it deserves a sub-market multiple. Anyone who tries to window-dress this DELL pre-announcement is nothing more than a shill...the piece of crap belongs at $30 a share--if that. This stock should get beat like an ex-con's girlfriend, but I am waiting for the shills to start singing their book instead of reality. Costello was the first at bat.

Oh yeah, full disclosure, I am short DELL. I know CNBC will try to cater to the schlongs by dressing this as "no big deal" such as what Costello just did. Enough of the BS, start reporting the facts, quit catering to the schmucks who were on the wrong side of this trade.
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