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Pastimes : CNBC -- critique.

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To: Gorak Shep who wrote (2628)5/12/1999 2:03:00 AM
From: SteveG  Read Replies (1) of 17683
 
Unfounded? - perhaps partly (did you catch Griffith needling Kiernan about it today, and about how *he* suspected he knew why Joe was acting so giddy after TSCM opened, until Joe told him seriously he didn't want to talk about it?). Wild? Not IMO, and I'll maintain it as likely against yours unless/until established otherwise.

Though I doubt we'll hear ANYTHING about TSCM, I don't think there is any restriction on these guys directly buying or owning individual stock. In fact, it wouldn't surprise me if Cramer cut them in on the private placement for $5K-$50K, in which case they could own shares at maybe $1-2.

Ted, always appreciate your input (AND your smarts, wit, tact and general class act). NOT asking for a remark on TSCM (unless you WANT to), is there any CNBC restrictive policy on CNBC reporters on buying and/or owning stocks - including IPOs?
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