Elaine Garzarelli Message Board

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Non-Tech : Elaine Garzarelli

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To: oexplayer who wrote (247)	2/16/1997 1:07:00 AM
From: uu	of 292

Kevin: > It seems to me that the networks only continue to cater to these > dirtbags because of their fancy lingo that makes no sense to most > people. I agree. And I think this is great news. The more the bears the higher the market will go. If everyone was bullish then thats the time I'll be really worried! As long as Metz, Rogers, etc. are allowed to speak on CNN and CNBC it is great news for logic and 'Rational Exuberance'. > His final synopsis for readers was, "THE U.S. IS GOING DOWN THE > TUBES; THE BEST PLACES TO INVEST ARE IN EMERGING MARKETS AND NATURAL > RESOURCES." Rogers is a joker! And I was convinced of this about a year ago when on CNBC he strongly recommended investing in Iran! I was shocked to see him saying such a statement and came to the conclusion that he is either an idiot or a guy with a lot of ego who wants to be exotic! Being originally from Iran I know exactly what and how the economy is in that country (especially where there is absolutely no respect for International laws not mentioning the domestic laws!). Mr. Rogers like the Brady Bunch family (in the Brady Bucnh movie) seems to be living in the 70's and does not seem to have a sense of reality in the 90's! After he made that investment statement/adivse I sent an email to CNBC explaining some of the economic facts in Iran and requested for Mr. Rogers to elaborate on his investment advise. But I never got a response back! I wounder exactly how much Mr. Rogers invested in Iran (and how!) and how much money he has made since then (with Rial - The Iranian currency - dropping by about 40% against the dollar since then, and other economic facts such as a 50-60% unemployement, an inflation of 40%+ being the best parts of the Iran's economy! I can elaborate on the worst parts in a 2 volume book!). Anyway, I really wish there was a way to find out exactly how much (if any) Mr. Rogers and Mr. Metz have made for their investors for the past 3 years (or 10 years for that matter). Mark Haines the anchor and co-producer of the Squwak Box show on CNBC who invites Mr. Rogers to his show every Friday says that he (Mr. Rogers) never tells them what Rogers Holding Fund is and of its performance! I understand that. Would you let anyone know of your investment performace if you also had the investment mind of Mr. Rogers?! Regards, - Addi Jamshidi

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