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Pastimes : CNBC -- critique.

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To: Ted David who wrote (5794)7/7/2000 7:38:16 PM
From: Jorj X Mckie  Read Replies (2) of 17683
 
Ted,
I received the tape from Burrelle's last week. Here is my transcription of the conversation between Joe Kernan and David Faber about Brookes Automation (BRKS). There were parts where they were talking over each other, but I tried to transcribe the tape as accurately as possible. I did not transcribe the whole conversation, leading to the part that I found offensive.

Joe Kernan: Once again, I tried to make some calls and I tried to call the CFO, I tried to talk to him. When you deal with the people in the company and you spell CNBC six times, don't you get frustrated and then you get three or four voicemails. I mean, is that what you do all day long?

David Faber: It's frustrating

JK: Running into those voicemails and...just they won't take your calls.

DF: Who needs this? Who needs this? Might as well just make this stuff up. I mean, why bother?

JK: Im very frustrated, very frustrating. I never did get through to Brookes Automation.

DF: Well that's not your fault. You tried and if they aren't smart enough to actually talk to you when they can get the word out as effectively as anybody could in this market...

JK: Right, Exactly

DF: ...and reaching as many people as possible, well then...

JK: You have to wonder...

DF: Maybe you don't want to own their stock, because they obviously aren't operating particularly smartly.

JK: Right, I don't think so..

DF: No well, we'll see what happens to brookes today. As we told you, there are a number of analysts coming out saying that there is nothing wrong with the quarter. We don't know what happened yesterday and in fact, the story remains intact, but now we have a much cheaper stock. And Joe told you, up three points, but that's not the ten that it lost...

JK: No

DF: ...Ahhhh, yesterday.

JK: High is 91 and you're talking about getting back to 44 today.

DF: Right, alright Tyler, we are going to leave it there.

JK: Good place to leave it.
end

Let me know if you would like me to point out the objectionable parts.
JXM
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