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To: Michael Grosz who wrote (6670)	9/26/2000 10:50:28 PM
From: t2	Respond to of 17683

keep telling yourself that the market will always value a stock correctly sooner or later. True that bulls don't want to appear on tv during earnings warning season. I agree with your assessment that the market gets it right sooner or later--maybe by earnings. Over the last couple of years, when it got the most negative--that was the best time to buy. I capitalized on it every time. This time I had just gotten tired of the same old pattern of reporting that I had seen on CNBC over the peaks and valleys of the past. In addition, I had also gotten tired of this telco spending thing from Faber and his puzzlement about why telco equipment stocks will holding up---get NT's (or Ciena's)CEO on the show to answer some questions. In fact NT stock is down about 25%--so is Cisco. I am actually quite accustomed to Ron Insana's intepretion of the market. This Faber thing was just getting to be too much. It attempted to scare people. My point was that he should interview analysts with differing opinions and let the viewer make up their minds instead of just giving his own conclusions. Don't anyone get me wrong---They are all still great anchors and reporters. My apologies for sounding like a ticked off bull. In fact I am quite happy with the market itself.