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Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?


To: Ted David who wrote (7704)4/11/2001 4:28:40 PM
From: Paul Kern  Respond to of 17683
 
Program your V-chip to block CNBC. It's simple. CNBC is entertainment, not journalism and should be watched that way.

Paul



To: Ted David who wrote (7704)4/11/2001 4:45:59 PM
From: Ed Forrest  Respond to of 17683
 
Ted
Perhaps if CNBC were to issue a strongly worded disclaimer stating that CNBC is not giving credence to the content of said rumor along with the rumor report then your viewers would find your report more acceptable and not as open to question .

Ed



To: Ted David who wrote (7704)4/11/2001 5:13:42 PM
From: Bill  Respond to of 17683
 
When you propagate a rumor that is moving a stock, you contribute to the stock's movement. How hard is it to check a rumor like war breaking out in the Middle East?



To: Ted David who wrote (7704)4/11/2001 6:51:01 PM
From: BWAC  Respond to of 17683
 
Oh my goodness. You really don't get it do you?

Certainly some rumors such as "rumors that Israel has been attacked by Iraq." are macro events (rumored events) of such overall importance that they almost must be reported.

Rumors that a trader says INTC is out of cash maybe sometime possibly according to sources on the floor which whispered in my ear which attribute the rumor to Asshock Icanmakeyapoor at Flem Flam Fleecem need not be reported.

Which type rumor actually makes the news more?



To: Ted David who wrote (7704)4/11/2001 8:16:39 PM
From: kaydee  Read Replies (1) | Respond to of 17683
 
Ted,

I may be in minority here. I agree with your view point and IMO you are doing your level best...

I have a few other suggestions, if I may. May be David Faber/Steve Frank can take up this...

1) Though CNBC did spend some time educating/informing viewers about insider sales in tech/dot-com companies, a lot more could have been done, but it is too late now. (A lot of these should have never been allowed to come public IMO.)

2) In future, I appreciate if CNBC gives a lot lot more coverage to

- pro-forma accounting, which IMO should be discouraged in all forms. I wonder what is the role of SEC here..

- Re-pricing employee stock options...

Thanks...



To: Ted David who wrote (7704)4/11/2001 10:13:49 PM
From: Mike M2  Respond to of 17683
 
Ted, see this forecast dated Aug. 19, 2000 Message 14240907 I think your viewers would be better served by insightful analysts who do not have the " appearance" of a conflict of interest . This gentleman correctly foresaw the trouble in tech land before the rout in stock prices. I know you are taking some heat but I appreciate the fact that you make yourself available to the public. Mike



To: Ted David who wrote (7704)4/11/2001 10:31:54 PM
From: contquistodor  Read Replies (1) | Respond to of 17683
 
So Ted, why do you even bother to show up here and take this abuse, I think you should send Ron Insanea over here, you are too nice a guy for this, Ron is a different story.



To: Ted David who wrote (7704)4/11/2001 10:46:41 PM
From: Hobie1Kenobe  Respond to of 17683
 
Ted - I have noticed you taking a rather more aggressive stance with your interviewees lately and it's been kind of fun to watch their reactions -- especially when you ask them why viewers should buy now in light of the guests' recent track record. I would have much preferred you getting the Jonathan Joseph interview today -- it's hard to believe some of his rationale for a bottom in chip stocks (it can't get any worse - sure). Keep up the good work and visit the CFZ when possible.
JF3



To: Ted David who wrote (7704)4/12/2001 1:57:45 PM
From: Ruffian  Respond to of 17683
 
Looks like more investors are getting wise to just how clueless CNBC is when it comes to
Qualcomm.

No matter what type of CDMA that China chooses, Qualcomm wins.

I must say CNBCis consistent...........



To: Ted David who wrote (7704)4/12/2001 10:58:44 PM
From: long-gone  Respond to of 17683
 
Ted,
Per our prior understanding.
Here is the "head's up"
Message 15657775

May I suggest some calls to honest analysts(ha-ha as if there is such a thing as a single real honest hardworking analyst) on both sides of this unique issue?



To: Ted David who wrote (7704)4/15/2001 1:59:12 AM
From: Theophile  Read Replies (1) | Respond to of 17683
 
But once there has been unexplained movement in a stock, and we learn there is a rumor responsible for that movement, then it is only right to report that.
I daresay 'the *whole* truth' would be what is 'only right'.
Reporting the rumor, plus the fact the rumor is either contradictory to previous signals, or confirmatory to previous signals would result in neutral response or none, and we could be spending time here on something else.
Regards,
Martin Thomas



To: Ted David who wrote (7704)4/17/2001 3:16:46 PM
From: TFF  Respond to of 17683
 
"We DO know why. It's up on a rumor. We have no knowledge of the veracity of the rumor. We are not saying it is true or not, just telling you *why* oil is up."

Classic. You might *think* this is the reason it has moved but you can't *know* that this is the reason it has moved.

This is why reporters aren't traders. You don't have a clue what the game is all about.



To: Ted David who wrote (7704)4/25/2001 12:15:59 AM
From: R.E.B.  Read Replies (1) | Respond to of 17683
 
Hey Ted, I heard a rumor that Jennifer Lopez is pregnant by an alien, that Kathy Lee Gifford and Hillary Clinton are lesbian lovers, that the Lakers will advance to the finals because an ancient tablet was found written by Moses in 1500 B.C. that predicted it.... don't worry, these are only rumors and are not reported as true, only rumors.... e.g., the National Enquirer, Globe and Sun... you are in good company at CNBC with your reporting ethics.



To: Ted David who wrote (7704)4/26/2001 10:57:59 PM
From: long-gone  Respond to of 17683
 
If Pisani openly manipulated the sector
by: outtacirculation 04/26/01 07:29 pm EDT
Msg: 22110 of 22127

GE should be reported to the SEC to answer for the unprofessional slant, bias, or manipulation if there is evidence of using mass media for such manipulation.


Posted as a reply to: Msg 22101 by thevike
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To: Ted David who wrote (7704)4/26/2001 10:59:54 PM
From: long-gone  Respond to of 17683
 
Re: If Pisani openly manipulated the sec
by: hal9000ofurbana 04/26/01 08:37 pm EDT
Msg: 22114 of 22127

Well then Pisani should take the professional extra step of qualifying his comment with a declaration that it is only his opinion. Otherwise he can come off looking as though he knows something in particular. Like he has some inside information or dope on activity that he is privy to in working for a powerful financial entity like GE that may have the potential to suppress gold and gold stocks in a shorting mode. Telling folks something like, "don't worry folks, gold isn't going anywhere" is superfluous, unnecessary, and FALSE because it is quite impossible to know whether gold is or is not going anywhere.
Hey, I'm happy for you that you enjoy the crew. You're not alone. However, more than just a few people would like to see their influence, carelessness and power curbed. Some would even stand up and cheer if they had to close up shop.


Posted as a reply to: Msg 22111 by fibinocci
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To: Ted David who wrote (7704)4/26/2001 11:01:29 PM
From: long-gone  Respond to of 17683
 
follow the money.
by: p_greeff 04/26/01 08:46 pm EDT
Msg: 22115 of 22127

one of the oldest accumulative tricks in the book is the end of the day 'slap down'. it happened, IMO, today in HM on apparently very small volume. the accumulator is trying to scare out shares for tomorrow's opening. as to the heads...for many years now they've been getting paid superstar actors saleries on big deal contracts. they don't get it for 'reading' the news like over at the BBC. many americans, it seems, have come to believe that no opinion is given gratuituosly without considerable rehersal by the paying conglomerate. the good ole days of chet huntley are forever lost in the mists of time & myth.


Posted as a reply to: Msg 22113 by paulohl
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To: Ted David who wrote (7704)4/26/2001 11:03:16 PM
From: long-gone  Read Replies (1) | Respond to of 17683
 
Re: PISANI HAS DONE THIS BEFORE!
by: evereddie_ (M/my place) 04/26/01 09:19 pm EDT
Msg: 22118 of 22127

I remember him dissing gold about two years ago before it made a 50 dollar move.. almost f'd up my NEM trade. He just parrots what he hears on the floor from his "friends". Anyway I got rid of cable last year so I don't have to listen to those crappy idiots. NOBODY should say something is "going nowhere". The law says he should say "may go nowhere". Otherwise it is manipulation. His opinion has SUCKED throughout the bear market and should be iggy'd. Also.. Bartoromo also has a track record of manipulating stocks, sometimes unwittingly, sometimes suspiciously, as Kramer from thestreet.com pointed out not long ago. Her "friends" make out big I am sure... how did Kramer find out she was gonna talk a stock up annyway? SEC WHERE ARE YOU?


Posted as a reply to: Msg 22110 by outtacirculation
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To: Ted David who wrote (7704)4/26/2001 11:07:05 PM
From: long-gone  Read Replies (1) | Respond to of 17683
 
Unbelievable Gold Report-Pisani
by: sunshine1942us 04/26/01 08:50 pm EDT
Msg: 48264 of 48302

I have seen it so often with other reporters in all kinds of fields, that it "makes me want
to barf."

Now its on Gold. This is a direct quote from
Pisani on Financial News Network. (I have taped
it.)

"Finally Gold Stocks, they're all moving today.
Don't make too much of it,Gold is not going
anywhere, believe me.

Since when does a "reporter" interject his/her
opinion while reporting the news.
It has been happening more and more on all
networks. (There must be a new course being
taught in the Schools of Journalism, and
Media.)

Instead of Ethical Reporting 101, it must have
been replaced by Pseudo Reporting 101.

Maybe its better if these schools begin to
recruit potential media people from bordellos.


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To: Ted David who wrote (7704)4/26/2001 11:08:04 PM
From: long-gone  Respond to of 17683
 
<<Re: Candy from babies, Stealth
by: amzn_is_sooo_1997 (41/M/Hermosa Beach, CA) 04/26/01 06:14 pm EDT
Msg: 123460 of 123513

it ain't rape, it's masochism

Somethin bout that OJ Nicole can't resist

These longs love the drama more than the money

Jerkoff Pisani dismissing the gold rally as unimportant


Posted as a reply to: Msg 123433 by StealthMouse
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To: Ted David who wrote (7704)4/29/2001 7:07:49 AM
From: Rarebird  Read Replies (2) | Respond to of 17683
 
Ted, my wife asked me on Friday why CNBC kept on reporting the 2% GDP without talking about the implications of the 3.3% Price Deflator, which reveals quite a bit of inflation, to say the least? I then told her that CNBC is owned by GE. She then said now I understand, "it is not in their interest to discuss that."

Don't you smell stagflation in the air, the best environment for gold stocks?