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To: Gorak Shep who wrote (4132)12/13/1999 7:18:00 PM
From: PMS Witch  Read Replies (1) | Respond to of 17683
 
Do you remember the old commercials featuring a guy who won an investor tournament three years in a row? The message was that he was some kind of 'expert' and so we should subscribe to the paper he was flogging.

What wasn't mentioned was how many times he entered. Just imagine, you enter a dozen times, each taking a really long shot with a big payoff. When one of your ideas works out, you're a hero.

Interesting observation: No recognition for investing prudently or carefully; just hit the bullseye or nothing. You're right about sending the wrong message.

Cheers, PW.




To: Gorak Shep who wrote (4132)12/15/1999 12:07:00 AM
From: Yogizuna  Read Replies (2) | Respond to of 17683
 
Encouraging them to be gamblers is all they are really doing... CNBS may as well be giving away bus tickets to Atlantic City with a roll of silver dollars to teach them how to REALLY gamble away their future earnings. Yogi



To: Gorak Shep who wrote (4132)12/17/1999 11:13:00 AM
From: Gorak Shep  Read Replies (1) | Respond to of 17683
 
CNBC sure is hyping a 2 billion share day on the NASDAQ.

Thing is, it is not even running up at the same pace as when it set the record of 1.75 billion. So 2 is not too likely.

But when has reality dampened their enthusiasm?