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To: kendall harmon who wrote (114368)	9/30/2000 7:09:37 PM
From: gaj	Respond to of 120523

very good read (fortune tellers)...i couldn't put it down... didn't add anything to my trading acumen, but a very good read. off of this book, i read one of his earlier books (kurtz'), media circus - and was highly disappointed. don't know if spin cycle is any good... speaking of books - i just read larry williams "long term secrets to short term trading", and it's excellent. i haven't heard it mentioned as a good book by others, but i think it's quite good. - bob gaj

To: kendall harmon who wrote (114368)	9/30/2000 8:45:50 PM
From: lee kramer	Respond to of 120523

Thanks for the article Kendall. I'll mention one thing only; the attempt to manipulate the financial press. When I was the editor for a financial publication back in the '70's I was inundated by companies calling us looking for "ink"...stories, intervirews, profiles they sought, preferably favorable. I was wined and dined lavishly (until I quickly refused) by CEO's, CFO's, lobbyists, special interest reps (banking industry, gas & oil exploration) seeking to "gently" put their parochial views on my plate that I might swallow. If you had a rumor you sought to float, where better than CNBC? If you had a story to tell, where better than CNBC? I'm kinda down on CNBC, almost always keep 'em mute during market hours. Sure, occasionally Mark or David or Joe will put the corporate foot to the fire...but too often there are others, Tommy and Maria, who are too darn excitable for my taste. CNBC simply has too much air time to fill...they need those CEO's for interviews, they need the same old and almost-always-fundamental-analysts to field inane questions from Sidney in Sausalito who wants to ask the learned guest his thoughts on the short term and long term stock prospects for Qualcom or Telephone,... and fund managers who ugh! love to talk up their holdings. I don't blame anyone seeking to pitch their view on CNBC. I don't blame CNBC. They're running a business the way they deem best. But I question the value they all bring to the table. And I know they are a hindrance to the trader. Do we not sell into strength generated by excited buyers during and subsequent to CEO interviews? This is a gift to us. Thank you CNBC. I'm rambling a bit...but to think that corporate America does not try to massage the press is, I believe, a naive thought. (Lee)