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Pastimes : CNBC -- critique.
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To: James Fulop who wrote (2437)3/28/1999 6:39:00 PM
From: Ted David  Read Replies (6) of 17683
 
We make no secret of the fact that calls are screened.

There is no analyst on the face of the earth who follows every stock. To take random calls would be a waste of air time and our guests' time. This is not a contest to see how many obscure stock names one can throw at a manager until he or she cries "uncle." Many managers cover only large cap, while others specialize in small cap. What would be the point of having a small cap guest field a question about IBM if he or she doesn't follow it?

Also, screening calls allows for us to make sure the stocks are of sufficient cap to make them of interest to the largest number of people. To entertain calls about stocks in the pink sheets would also be waste of time.

We surely make no secret that these calls are screened, nor that our guests sometimes hold a position in the stocks about which they are asked.

Give us a call one day! 1 800 752-2622. Would love to hear from you.

td
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