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To: Khris Vogel who wrote (886)	4/9/1998 8:21:00 AM
From: Thomas G. Busillo	Respond to of 17683

Khris, they've perfected the art of becoming part of the news they're covering. The thing that's funny about the vaunted "3 1/2 hour DOW 9000 special" is that no matter when or if the DOW closed above 9000, CNBC was still going to be broadcasting from 4 p.m. to 7:30 p.m. anyway. Instead of calling it Market-Wrap, Business Insiders, whatever, they pretty much managed to package their normal daily 3 1/2 post-close coverage as a 3 1/2 hour "special". It wasn't that the DOW 9000 event deserved 3 1/2 hours. It's just that it was the amount of programming time they had to kill. If you think about it, yesterday's 4-7:30 slot could have been called the "3 1/2 Hour DOW 8900 on the Way Down Special" <g> Good trading, Tom

To: Khris Vogel who wrote (886)	4/9/1998 12:22:00 PM
From: Thomas M.	Respond to of 17683

Interestingly, I noticed CNN's Moneyline and PBS's NBR made a bigger fuss than usual about DOW 9000, in obvious response to CNBC's hype machine. Tom

To: Khris Vogel who wrote (886)	4/9/1998 1:43:00 PM
From: Chip Anderson	Respond to of 17683

Re: Media "making" news. Get a clue! This happens all the time. Your TV is one huge filter on the world and your perception of it. This is one of the great things about the Internet, the ability to (sometimes!) get at the "raw" data of the world. While it is currently not perfect (spam, filtered news site, rumour mill sites, etc.), it is a huge improvement over the days when you had 3 sources for info (newspaper and 2 tv stations). I love sites that give me unfiltered data - they are the real truth in this wacky world and I hope more and more of them appear over time (I'm dreaming right?). Chip coolhistory.com