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To: John Carragher who wrote (3431)	8/1/1999 11:16:00 AM
From: Ian@SI	Read Replies (1) \| Respond to of 17683

Did you read the Inut story in Barron's? August 2, 1999 While Amazon.com Spends Like Crazy, Its Customers Begin to Trim Their Expenditures By Mark Veverka Either you're a believer or you're not. There's no middle ground. ... Subscribers: interactive.wsj.com None of the Inuts is likely to benefit from this story.

To: John Carragher who wrote (3431)	8/1/1999 10:41:00 PM
From: Gary M. Reed	Read Replies (3) \| Respond to of 17683

"Aol thread really pissed at Ron saying rumor on the floor on cnbc late in the day and mentioning the rumor been around since lunch time!" AOL thread needs to chill out, since they get the benefit of Maria Bartiromo doing her daily AOL cheerleading gig from the floor of the New York Stock Exchange every day. This chick screams about AOL at the open when it is up a mere 1/8th, as if it were one of the major movers on the open...gimme a break. It's ludicrous for any AOL holder to badmouth CNBC, since Maria & Co are consistently "pounding the table" on the stock. IMO, Ron just doing his job reporting rumors floating. Let's face it, would you rather be kept in the dark about why AOL was tanking, or would you prefer to be informed on why traders were dumping their AOL positions? I'd rather know why a stock I owned was getting trashed than to be kept in the dark. In that light, I must say, I have never been a Ron Insana fan, but he has certainly picked up his game lately. He seems to be much more on top of things lately and has been thinking really sharp. Most people probably did not see it, but two Fridays ago, around the 4:00 or 5:00 hour, he and Sue Herrera interviewed a Republican and a Democratic congressman, re: tax cuts. I can't remember either name, but the Republican guy was a young man from Arizona, while the Democrat was an aging tax attorney from California. The Demo from Calif. tried to assert that the 1980s was the decade of inflation...Ronald Reagan was the death of economics, blah blah blah. Ron incessantly jerked his chain tight and corrected him several times on the facts. It was a very impressive display of journalism. This clown from California thought he was Bill Clinton and felt that he could just spout off lies and mistruths without anyone challenging him on the facts. Ron consistently threw the facts in this guy's face, and the guy was in disbelief that a journalist would actually challenge him. Like I said, I was never a Ron Insana fan before, but he certainly earned my respect after seeing him go mano-a-mano with this Cal. representative. The guy kept going "no Ron, you are wrong, inflation was running out of control throughout the Reagan and Bush presidencies," and Ron kept saying, "uh, no Congressman, in fact, inflation was at it's all time high when Reagan took over for Jimmy Carter...you can look at a chart and it progressively declined throughout the 1980s." The Congressional clown, again thinking he could BS his way through the interview, said "no Ron, you're wrong," and Ron countered with, "Congressman, I can show our viewers a chart of inflation in the 1980s, if you wish." Of course, the California congressman/Democrat/tax attorney backed down, tail-between-his-legs, like a dog who had just been caught pissing on the carpet. The Republican from AZ got in some good shots too...he pointed out that his adversary would likely be voted out of office in the next round of elections, and therefore would be adversarily impacted by a simplification of the tax code (being a tax attorney). But as impressive as the guy from Arizona was, Ron Insana definately stole his thunder as he challenged the goof from California like a hungry pit-bull. Meanwhile, Sue Herrera just sat there and said nothing...hmm. I meant to post this two weeks ago after I saw it. Like I said, Ron Insana has earned a lot of respect in my book lately. And not just on that matter. Lately he has been very objective when he interviews portfolio mgrs and CEOs. It used to piss me off when he was almost overly bitter when interviewing people, but he has done a 180 lately, and has been 100% objective. Gary