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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: orkrious who wrote (42280)9/29/2005 12:00:58 PM
From: Lizzie TudorRead Replies (1) of 306849
 
no I am not kidding, and I know you are a perma bear so try to think about this objectively.

Example. "The big heist TW and AOL".
This was covered as if the entire company, concept of AOL was a scam that took down TW.

An alternative approach would have been "AOL/TW a missed opportunity". After all, here we are a few years later and GOOG has a higher mkt cap than AOL+ Time warner, despite AOL having a head start as an internet company. That merger was unsuccessful due to management or whatever. But CNBCs coverage made it look like the entire stock market was a scam.

wrt google, I heard Maria go on and on about how overpriced GOOG was as a MEDIA company. Sure goog is more valuable than any media company, because it is obviously NOT a media company.

They do a lot of negative coverage now and it presents an image that the stock market is a suckers game. In the 90s they were all bullish I agree and the pissed off shorts were whining and crying. But now is the opposite and CNBC has suffered for it. Catering to guys like you does not make for a great network.
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