CNBC -- critique. Message Board

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Pastimes : CNBC -- critique.

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To: BWAC who wrote (5496)	5/11/2000 7:46:00 AM
From: Ted David	Read Replies (5) of 17683

Fine. I'll respond to this because you have couched your complaints in a civil manner. I have no answer to the time constraints and I must admit they frustrate me as well. You might write to management and tell them of your concerns. The news business always has and always will be attracted to the momentary flash in the pan. I am not saying that is right, but that is what is. It's what people are talking about right now that has the media talking about it right now. As far as the BS is concerned, please understand that we only report the news, we don't make it. If you feel our guests are full of BS I suggest you put together a list of those who you feel do a disservice and send it to me. I will pass it along to the right people for evaluation. There are a number of people who we no longer ask to appear on our air for a variety of reasons. Perhaps the list needs to be rexamined. The fact is that the very nature of this game is a lot of guesswork. Who REALLY knows what Greenspan will do next or where next for MOT? Who TRULY knows if this is the time to jump in and scoop up bargains, or sell on the rallies and head for the hills? The answer is no one. The best we can do is talk to as many people as we can, offer as many opinions as we can find from responsible market watchers and then let you make up your mind. The nature of the market is such that the focus often is 15 minutes because as you well know there are people out there who are in and out of positions in half that time. There are traders and there are investors. We have to offer information for both. Is some of this BS? That's for you to decide and clearly you have. Just don't shoot the messenger in the process.

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