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Pastimes : CNBC -- critique.
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To: Thomas M. who wrote (2125)12/30/1998 4:34:00 PM
From: R.E.B.  Read Replies (2) of 17683
 
Tom, I have been watching CNBC for years as I have a T.V. in my bathroom and I watch as I'm getting ready for work each day. I have found, as you have, that the guests are less likely to commit to a certain position now-a-days. I remember the Dan Dorfman days, in fact, I remember specifically that Micron Technologies (MU) was touted by Dorman and the the thing went through the roof the same day and then eventually fell from $60 to about $15. I also remember Elain Garzarelli telling everyone when the dow was at 6,000 that "this was the end". She went on to send out news letters about joining her golden circle and told everyone to liquidate and get into cash when the dow was at 7,500-8,000. Oh boy was that fun to watch.

Well, there are plenty of eggs to go around and I have not been perfect 100% of the time...... but then again, I'm not on T.V. selling commericals and preaching the investment gospel.
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