CNBC -- critique. Message Board

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Pastimes : CNBC -- critique.

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To: manalagi who wrote (7431)	3/11/2001 8:34:07 PM
From: long-gone	Read Replies (2) of 17683

<<Ref: Henry Blodget. I don't think I can compare Henry to Abbey Cohen. She has a golden reputation, she is smart and rightly so to occupy such a high position. >> While everyone has a right to their own opinion, care for another based on the NUMBERS? Key quote: "Please understand: I'm not out to demonize Cohen, because we're all human. I just don't think the facts support the reverence in which she is still generally held. Bottom line: Anybody who bought based on her bullish comments on the S&P lost money. Since Sept. 21, the S&P is down 13%. The index is down 8.2% since Oct. 13 and 8.7% since Nov. 14. Similarly, anyone who increased his or her tech holdings in mid-November based on Cohen's call lost money. Since Nov. 14, the Nasdaq -- which Cohen does not provide forecasts for -- is down 29%, and the Merrill Lynch Tech 100 (MLO:Amex - news) -- which I'm almost certain she doesn't forecast -- is off 35%." thestreet.com

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