Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (12090)	3/29/2001 11:38:24 AM
From: Boplicity	Read Replies (1) \| Respond to of 13572

Hope! << 11:26 ET Calpine (CPN) 50.92 -1.96 (-3.7%): Expects 2001 results to exceed forecasts. Puts full yr EPS at $1.80 vs previous estimates of $1.50; sees Q1 earnings of $0.20-$0.25 (mean $0.13). >>

To: Jim Willie CB who wrote (12090)	3/29/2001 9:46:30 PM
From: pbull	Respond to of 13572

The mistake by the media is focusing on "the number" instead of the trend. So I agree with you there. And I agree that those segments of the media that rely on reporting happy horsehockey (morning TV news shows, for example) are desperate for something positive. Was it a bear trap? In a bear market like this, there will be sharp rallies from time to time on no news, no justification. So, I don't know about that. What really makes it stupid for the media to focus on one number, make it the big headline, the top story, is when, two days later, the president says, "I'm concerned that many Americans are unable to find jobs." Bush said that today. Then they have to report that, too, since all they want is the soundbite, the quick quote, and their job is done. No thinking required. The all-time greatest was Ann Compton, former ABC White House correspondent. After Clinton testified that he "did not have sex with that woman," Ann Compton said, "There, the president said it, and I believe him." She actually said that. On the air. As part of the news story. Sorry for the rant. Back to finding pictures of central bankers to put on my dart board. PB