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To: KeepItSimple who wrote (79661)10/5/1999 5:08:00 PM
From: GST  Read Replies (2) | Respond to of 164684
 
KIS <obviously Blodget's bosses made a few calls to CNBC> this is quite an assertion. I don't think this is the least bit obvious -- in fact I would think it is a major scandal -- if true -- and a potential lawsuit -- if false. Perhaps my sense of professional ethics is out of step with reality -- but I still take a 'prove it' attitude on this type of issue.



To: KeepItSimple who wrote (79661)10/5/1999 6:28:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 


Message #79665 from KeepItSimple at Oct 5 1999 3:45PM

>Thanks! I think you nailed it and I forgot about Blodgett.

Yes, that is understandable. And exactly what CNBC wanted. When Blodget came out with his Holiday Basket, CNBC
repeated it every hour for 3 days.

When Blodgett had an interview in the LA times, where he stated most internut stocks would decine 75%, it was not
mentioned once. And it still hasnt been mentioned.

William says "its not news" but obviously Blodget's bosses made a few calls to CNBC.


KIS,

There is nothing obvious here. You are looking for a possbile libel suit if you continue on this tract.

CNBC is part owner of
an ECN, and internuts account for a large portion of that ECN volume. (revenue) If people get out of the nuts, their
profits drop.


The ECNs handle mostly large cap stocks.

Glenn