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Technology Stocks : Teradyne
TER 197.12+1.1%Dec 22 3:59 PM EST

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To: Duane L. Olson who wrote (673)1/16/1998 8:39:00 AM
From: Thomas G. Busillo   of 1184
 
Duane, I understand what you're saying, but IMHO any news organization that softens their news out of fear of a libel suit should fold up the tent. It's sad that the plaintiff's bar has helped to create a society where a major news national news organization is reluctant to put a person's name next to their words and deeds.

RE: Kurlak - this is the perfect example. IMHO, CNBC has been a real bunch of [cowards] when it comes to going back and actually looking at some of his calls, lining up some of his statements, and asking some questions. There are times when CNBC looks like an extension of the Merrill Lynch marketing or PR department instead of a group of people who are supposed to be journalists. To their credit, Kernan and Faber have done more than the rest, but IMHO it barely scratches the surface.

IMHO, test is a good area. Definitely like it more than some of the front-end guys. Long-term it's solid if you can stand the gyrations. Short-term, it's almost a question of what side of the bed the markets are going to wake up on: the "Asia crisis hurting chip gear" v. "starting to look like value plays".

Good trading,

Tom
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