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Pastimes : CNBC -- critique.

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To: Ted David who wrote (8218)8/3/2001 8:06:39 AM
From: Margaret Mateer   of 17683
 
hi Ted. any chance you're still reading this thread? the AJC interview defied even my jaded expectations. she told people to lighten up on tech? and when exactly was that? hoho. here are her recommendations from Nov 27 and the results (prices are close but not exact):
DOX - 60 to 46
EMC - 80 to 19.91
SLR - 50 to 17.53
GLW - 70 to 15.87
CSCO - 53 to 19.60
SUNW - 40 to 16.84
ITWO - 60 to 9.33
VRTS - 120 to 42.28

and, as my friend, Melf the Elf says, "Those were her GOOD picks. They're only down about 64%. Her October 3, 2000 picks are currently down about 74% (numbers are rounded):

BEAS went from 73 to 22
CSCO went from 57 to 20
EMC went from 96 to 20
JNPR went from 200 to 27
NTAP went from 122 to 12
ORCL went from 39 to 19."

soooooooo, how is it that Consuelo did not know this? AJC's tech picks were wildly ballyhooed on CNBC!
and now she says the worst is over?? ooooooooo, I get it - all this pumping is not because they're dumping. they really think we should buy these stocks so we can participate in the Sept/Oct RUN-UP! hoho.
do ya think it might be time to have a TA on who could provide counterbalance to this pathetic shill job?
CNBC is not making any progress towards becoming a credible business broadcast imo.
regards,
Peggy
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