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To: bill meehan who wrote (32687)	11/2/2000 9:41:55 PM
From: Gary M. Reed	Read Replies (1) \| Respond to of 436258

Bill, very nice piece on this a.m.'s RealMoney.com...I especially enjoyed this: It sickens me to see so many gurus hypocritically state -- now -- that the excesses culminating with the March top were clearly unhealthy, and that the market has now worked off a speculative mania that was evident to all. So many of them were the same ones screaming that the market was healthy and heading for the moon! They were also the ones selling the "New Era" snake oil, boldly proclaiming that the old benchmarks were irrelevant. CNBC has the tapes, and should air a real piece of journalism showing just how fallible we all are. I'm sure there's no shortage of tape to show my fumbles and foibles, but I've never put on the airs of infallibility that so many shills consistently exhibit. And I'm not afraid to admit when I'm wrong. Ron or Sue would be my choice to skewer bulls and bears alike in an even-handed manner. While not nearly as important as getting out to vote next Tuesday, I ask that readers send the network an e-mail vote to plea for a fair measure of accountability. If they won't, perhaps 60 Minutes will. It should be good for ratings, as the new national pastime always draws a crowd. How 'bout it CNBC? Seeing something like that would remind me of Jimmy Swaggart telling his congregation, "I'm a sinner." I greatly admire the CNBC guests who voluntarily admit when they blew a call...it's the cocky asses who act like they've never blown a call in their life that get under my skin. The deals where J6P calls in asking Buy-Sell-Hold are the best...J6P asks them about former must-owns turned sinkholes like WCOM and they shake their heads in disgust, "Uhh, I've never owned that piece of garbage...not my style..." and yet a year ago they were bragging about owning it on CNBC. You're 110% right--if CNBC broke those old tapes out from pre-March, there'd be a lot of red faces. When CSCO blows up, I cannot wait to see Eric Gustafson crawfish on-air, after he previously was on pounding the table, calling the Barrons CSCO accounting piece "shoddy journalism." And I just love all the guests who, when asked what they're buying, ALWAYS respond by rattling off the top 5 Nasdaq percentage gainers from the previous month. You see crap like that and you think, "what a friggin' liar." Again, great work on the RealMoney articles!