CNBC -- critique. Message Board

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Pastimes : CNBC -- critique.

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To: Crystal ball who wrote (7656)	4/4/2001 8:19:08 AM
From: Joseph Beltran	Read Replies (1) of 17683

CNBC, your "lamo award" is lame. If you really wanted to do something USEFUL for the viewing public adopt a policy of NOT relating upgrades and downgrades of stocks by analysts on the air. Post them on your wbsite (if at all) and viewers who are interested can access those "opinions" there. BTW, there are many other "sources" for obtaining those "opinions" through the web. DON'T YOU UNDERSTAND that the problem is that when you state those upgrades and downgrades on the AIR you are implicitly endorsing them and inviting the public to REACT to them. once the public reacts to them you then assert (again on the air) that the stock price moved up or down on the basis of the upgrade or downgrade. It is a destructive cycle. This may not be your intention but it is the end result of your actions and I'm sure you are aware of it. Quit providing these FRAUDS with a forum to publicize their fraudulent "opinions". You have done an amazing amount of damage to investors.

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