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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies
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To: Street Walker who wrote (22832)12/7/1998 7:28:00 AM
From: alruss  Read Replies (3) of 119973
 
RE: CNBC and WAVO, From Herb G. Monday

Free speech: In the wake of WavePhore's (WAVO:Nasdaq)
public assault last week on JJC after his negative comments
about the company on CNBC's "Squawk Box," JJC told me he
probably will never again make negative public comments about
a company. WavePhore has requested that JJC's comments be
probed by the Securities and Exchange Commission.

What's more, JJC's comments sparked a letter-writing
campaign to have him banned from CNBC.

One letter writer called his CNBC appearance "inexcusably
UNPROFESSIONAL! This one individual made the entire staff of
CNBC look like morons. CNBC should make the smart decision
to replace this person with someone who is PROFESSIONALLY
OBJECTIVE in his or her analysis."

Uh, hate to be the one to break the news, but money managers
who co-host "Squawk" or appear on TV and are quoted in
publications often have a vested interest in stocks they mention.
Oh, but I get it, that's OK just as long as what they say is positive.
If what they say is negative, they oughta be investigated. Gimme
a break. These wackadoodles, as Barbara in makeup at CNBC
likes to call all zanies, ought to go back into the asylum.
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