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Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?

To: Yogizuna who wrote (3530)	8/10/1999 4:20:00 PM
From: WTMHouston	Read Replies (1) \| Respond to of 17683

Yogi: I could not disagree more...the light tone is refreshing. Makes them seem like people and not just like robots reading the teleprompter. It is, IMO, one of the things that sets them apart from CNN and the others. They are not there to soothe your feelings. People can still smile, even when the market is down. Should they stop being themselves just because the market is down? When they get "serious" many complain that all they are doing is talking about how bad it is....they can't please everyone all of the time, but all-in-all, they do a pretty good job, IMO. Troy

To: Yogizuna who wrote (3530)	8/10/1999 4:44:00 PM
From: PMS Witch	Read Replies (2) \| Respond to of 17683

Around here, we watch Paul Kangas, who appears on Nightly Business Report on PBS. PK must have a big exposure to the market because if the market's up he's all smiles. On big down days, PK's not a happy looking guy at all. Because PK has such a big grin on good market days, we used to say "Lot's of teeth to-nite!" Over time, we've shortened it to "Teeth" and "No-Teeth" to describe market action. Cheers, PW.

To: Yogizuna who wrote (3530)	8/11/1999 1:18:00 AM
From: Thomas M.	Read Replies (1) \| Respond to of 17683

I'm not saying CNBC's business content should be the only topic in this thread. I'm just saying it is strange that it never comes up. Tom

To: Yogizuna who wrote (3530)	8/12/1999 3:37:00 AM
From: Gary M. Reed	Read Replies (1) \| Respond to of 17683

"as the crew is all smiles and jokes and so on and so on, as the "people" are getting hurt big time in the internet stocks and the overall market." Yogi, Sorry to disagree, but I must. Just who is getting "hurt big time in the internet stocks"? If someone bought XYZ.com on the basis of "it went from $10 to $200, so I'll buy it at $200 on the notion that someone will buy it from me at $300--this trading stuff is easy" and they get stomped, well...caveat emptor. Actually, I think the CNBC gang has conducted themselves quite well during this correction. There's been no gloating and no goofiness. Hey, if they really wanted to twist the knife on people that own the Internuts, they could have Ron Insana interview Bill Fleckenstein for 1/2 hour each day during the selloffs. That would certainly make anyone long those stocks cringe in pain. I for one think this Internet selloff is the best thing that ever happened to CNBC programming. It was getting pretty old seeing nothing but non-stop interviews of the CEOs of the Sheister.com du jour on Squawk Box..."yes Mark, we threw up a website yesterday and our stock went from 50 cents to 20 bucks...business plan? What business plan? Our business plan was merely to appear on CNBC, sending a bevy of daytraders piling into our stock, which will surely send our stock screaming into the stratosphere, at which point myself and the rest of the mgt team will cash out." It has been nice to watch CNBC interview CEO's of companies that actually have sales and earnings discuss their outlook and why people should invest in their stock, vis-a-vis hearing from the blowhard CEO of BS.com brag about his business prowess, when actually all that happened was a few daytraders saw the dot.com and ran the stock up. Yeah, remember the White Sox having a promotion in the early '80s called "Disco Demolition Night"? If Bill Veeck was alive today, you'd be seeing a promotion at Comiskey called "Internut Demolition Night," where fans would get discounted admission for showing a worthless dot.com stock certificate at the gate. Like disco, the Internut craze was cutesy while it lasted, but now that everyone realizes it was nothing more than a fad, you can't help but look back and say "what the hell was I thinking?!!!"--sort of like seeing John Travolta in a white sequinned jump suit and platform shoes. If someone rode Jerkoff.com from $100 to $5 and is still holding on, hoping and praying for a rally to get out even, well, CNBC would be doing them a favor by slapping them in the face and laughing, since those investors are obviously having a tough time grasping the concept of reality.