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To: pat mudge who wrote (15529)	12/27/2000 11:47:01 AM
From: Selectric II	Read Replies (1) \| Respond to of 24042

Re: "I know it's not CNBC's responsibility to qualify each person quoted, but it certainly would help to have a little background on the analyst making the call." Pat, I respectfully disagree. It is always a journalist's (print or tv) responsibility to put the interviewee's comments into context, i.e. their background, experience, biases, prejudices, etc. They just do an absolutely horrible job of it, and CNBC is just about the worst. It is more entertainment than journalism.

To: pat mudge who wrote (15529)	12/28/2000 12:56:09 AM
From: Master (Hijacked)	Read Replies (1) \| Respond to of 24042

"As investors we go over the same ground repeatedly. So why don't we just wake up and ignore analysts...... " We've all been in this game long enough to know that analysts are pond scum. The timing of their comments, the self-serving bias of their reports, the misinformation that they feed us as well as the blatant lies, disguised as opinions, are all reasons we know too well that keep us from taking these buffoons seriously. But why don't we ignore them? The answer is simple. Despite the fact that you know that most of what they say is bullshit, you can't afford to be holding the gate as the bulls panic and stampede out of their coral. Being a martyr doesn't pay the bills, so at the first sign of bad gas you run like your arse is on fire and don't look back until the odor has dissipated. Vince