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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: jmac who wrote (6775)	10/9/2000 5:58:07 PM
From: elpolvo	Respond to of 65232

juan- i don't watch them hardly ever anymore (i don't have access to CNBC most of the daytime hours right now) i work in TV production and here's my take... 1) they're a commercial medium. they draw eyeballs for sponsors - they're entertainment and show, just as much as they are news... even more so when news is slow. 2)they have to come up with new stuff, ideas, etc. all the time to keep interest. the scarier things are, the more eyeballs they attract. 3)they have some great talent (on camera personalities) they're not hired as analysts - though they pick up that ability somewhat just from exposure just like we do. 4)the producers and directors do a damn good job considering it's live and they have so much air time to fill. i admire them and their work - they keep me entertained. if they make you mad, excited or are scaring you - they're probably doing their job very well. 5)some of the guests, CEOs, CFOs, UFOs, etc. are great to have access to. 6)as far as facts and data though... the ticker is king. everything else needs to be viewed through the filter of the knowledge above. so... i assume the comparison to the 1987 chart was a suggestion that this might be CRASH or BEAR time eh? good one!! i ain't buying it... but i will watch for signs that they scared some other poor slob and i'll pick up the stock that he lets go of for next to nothing. right? isn't that why most serious investors watch CNBC? -dust