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


To: Yogizuna who wrote (4445)1/29/2000 1:49:00 AM
From: R.E.B.  Read Replies (1) | Respond to of 17683
 
Agree Yogi, today's CNBC is a cornucopia of excess information about nothing. How many times do you want to hear whether or not AOL or EBAY or IBM or DELL is up or down? Me, none! I don't own those stocks. All day long Tom Costello (grandson of Lou Costello from 'Abbot & Costello) tells us about the same boring stock day after day. THE MARKET IS DOWN, IT'S CRASHING, TRADING CURBS ARE IN... yet all my stocks are up. Go figure. If is wern't for the ticker and the status bar for Dow, Nasdaq, S&P and Bond Yield, I would turn the T.V. off.



To: Yogizuna who wrote (4445)1/29/2000 2:05:00 AM
From: Gary M. Reed  Read Replies (1) | Respond to of 17683
 
If I remember correctly, wasn't FNN's downfall related to some ponzi scheme or accounting fraud deal the boys in the corporate office were running? I can't remember exactly, but it seems to me their shell game got uncovered about the same time CNBC came on the scene. I know there was some SEC investigation. I too remember FNN as having more hard core securities coverage and less fluff and rah-rah.

I betcha it was killing Ron Insana to be in Switzerland today with the market getting cracked. He would've been bouncing off the ceiling with the Nasdaq down a buck-fifty. Just his luck, the day the bears throw a party and he's on another continent having his picture taken with the Jaegermeister girls.