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Technology Stocks : JDS Uniphase (JDSU)
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To: Chris O'Connor who wrote (8549)4/10/2000 7:20:00 PM
From: pat mudge  Read Replies (1) of 24042
 
Chris --

I agree. From the opening bell CNBC started emphasizing analysts' negative comments. After awhile it became so one-sided I had to ask myself if there weren't some analysts somewhere making positive comments. And the obvious answer was, Yes. Would it have been fair of CNBC to offer balanced reporting? Yes. Would we get it? No.

On top of emphasizing the negative reports, they kept saying the market would have to test the lows. . . it always did within a week or two of a bottom. . . that tomorrow marked one week. . . and so on.

At one point, with the Nasdaq down slightly over 100, Bill Griffeths said they would switch scheduled programming should it become necessary. Well, well, Aunt Maudie, you better get out the door before the rush . . .

Those who start fires for the thrill of it are called pyromaniacs. Is there a parallel term for journalists?

Thanks for letting me vent. :)

Pat

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