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To: Haim R. Branisteanu who wrote (5540)5/13/2000 5:23:00 PM
From: Thomas M.  Respond to of 17683
 
They didn't give Jim Rogers the axe. He's traipsing around the world:

millenniumadventure.com

Tom



To: Haim R. Branisteanu who wrote (5540)5/13/2000 6:43:00 PM
From: Mark Marcellus  Read Replies (1) | Respond to of 17683
 
I write you because many people will lose more money for the reasons I posted on SI this post Message 13468456 and other related posts.

I still don't understand this canonization of FNN by some of the people on this board. I guess things always look better in retrospect. Yes, FNN was a good financial channel, but they were just as guilty of all the things CNBC is being accused of. Any differences in scale are entirely attributable to the fact that CNBC is much more successful than FNN ever was. But that's just the nature of the mass market media beast.

However, there is one thing true of FNN that is not true of CNBC. They directly contributed to some viewer's losses. FNN went bankrupt and left shareholders holding the bag. And somehow FNN's reporters were right in the middle of this story and either were not aware of what was going on or chose not to report on it. IMO, that's a permanent black mark on FNN.



To: Haim R. Branisteanu who wrote (5540)5/14/2000 9:31:00 AM
From: Haim R. Branisteanu  Respond to of 17683
 
Has the ponzi scheme reached to far?? ... A reminder for CNBC staff like Maria B. and Joe Kernen and guest Kudlow ....... or is Bill Wolman right after all <GGG>
_______________________________________________________________
Levitating Earnings: an Act, or a Fact?
By GRETCHEN MORGENSON

...... But there is growing concern among some accounting professionals that many companies are relying on financial alchemy to burnish their results.

nytimes.com

"I've been reminding financial professionals to tell the truth, the whole truth and nothing but the truth," Mr. Turner said.

"And I tell investors they should be forewarned to read each public filing and not rely on any particular document when making financial decisions."

................ Pension gains can account for quite a bit of a company's net income. General Electric, for example, had total pension gains last year of $1.38 billion, up almost 40 percent from 1998. That amounted to fully 9 percent of G.E.'s pretax operating income.

Without its pension funds' growth, G.E.'s earnings per share for the year would have been 7.6 percent lower, the company confirms.

__________________________________________________

Would be interesting to see if CNBC will report those news??

I am not so sure

Haim



To: Haim R. Branisteanu who wrote (5540)5/15/2000 7:37:00 AM
From: swisstrader  Read Replies (3) | Respond to of 17683
 
Figure out who killed Kennedy yet?...too many conspiracy theories here surrounding CNBC and just like posters on SI, if you don't like em, hit ignore...part of the popularity of CNBC is that they are EXACTLY what the American viewing public WANTS...its Hollywood, pure and simple...kinda like a Jerry Springer slugfest for (dare I say?) intellectuals or Entertainment Tonight, except the stars here are AMZN and CSCO, vs Johnny Depp or Madonna.

Quick quiz: Maria B. plays the role she plays based on the fact that a) she is such a terrific market pundit or b) she's attractive and more folks will watch CNBC with her talking about CSCO than Ron I. doing the same...this is called the real world folks.

If people blame CNBC for the current downturn, where were they when we had such a terrific run last year, the year that CNBC popularity really hit? I also think that Ted David responding here lends all the more credibility to the network. Unsure if I were the anchor of CNBC that I would spend my leisure time corresponding with folks on some investing chatboard. Gotta give the guy a lot of credit for coming on here.

I think these folks have a job to do, which is report the news (and guess what, bad news sells more than good news) and if YOU as an investor make good or bad decisions based on that news, you need only look as far as the bathroom mirror to determine who is at fault or who to thank...get a clue!



To: Haim R. Branisteanu who wrote (5540)5/15/2000 10:02:00 AM
From: B.REVERE  Respond to of 17683
 
Amen to this post. But you and I know this will never
happen because of the deep pockets that the brokerages have
at their disposal. If media companies exist on advertising
revenues, then those that pay will act accordingly to how their tunes get played out to an ever gullible populace.
It's buyer beware anywhere but more than ever, right here
on bubblevision USA.



To: Haim R. Branisteanu who wrote (5540)5/16/2000 5:59:00 PM
From: Yogizuna  Read Replies (1) | Respond to of 17683
 
Excellent work Haim, as you hit many "nails" squarely on the head with that note..... And I fully agree with you about the "spirit" of the old FNN, which was far superior to that of the current CNBC in my opinion. The best days of CNBC were right after the merger between CNBC and FNN, with long term decline setting in ever since. Yogi