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

To: long-gone who wrote (959)	5/6/1998 3:37:00 AM
From: Toby Zidle	Read Replies (2) \| Respond to of 17683

I sympathize with your viewpoint, Richard. It's very frustrating to own a promising investment and find that it never gets coverage on CNBC. But as much as a lot of CNBC criticism on this message board is justified, I suspect that here you're giving them a bum rap. Using Cisco as an example (as you do) and selecting CDE as a sample silver mining company consider the following: CSCO # of shareholders: 400,000+ CDE # of shareholders: perhaps 10,000 (admittedly these are estimates) CSCO Market Capitalization: $75 BILLION CDE Market Capitalization: $250 million (both from Yahoo Profiles) CSCO Shares Outstanding: 1 BILLION CDE Shares Outstanding: $20 million (again both from Yahoo) Which stock is of greater interest to the audience? If a positive earnings surprise of 1 cent moves CSCO shares 1/2 point, the CHANGE in valuation of Cisco is more than TWICE the entire market value of CDE. I would argue strongly that the Cisco story is more newsworthy and better serves the audience. If I had to choose to cover only one earning report, my decision is obvious in an eyeblink. You said 'The whole thing is about MONEY!!!!!' Frankly, I couldn't tell if you meant that positively or negatively, but you're absolutely right. It is about money, and that's why Cisco gets the coverage. Probably what CNBC should be doing is devoting thirty to sixty minutes of time during the day exclusively to 'non-mainstream' companies. You might find a lot of support for an idea like that. But as far as arguing that your mining company coverage should get priority over Cisco, that is a bum rap.

To: long-gone who wrote (959)	5/6/1998 2:06:00 PM
From: jopawa	Read Replies (1) \| Respond to of 17683

Richard, Let me see if I've got this correct. You want CNBC to report every stock's earnings on the air, no matter what the company i.e. penny stock etc. Grab an Investors Bus Daily if you want the earnings of every stock. You think it is their responsibility to give your stock some juice? If your little mining stock continues to be profitable year after year, people will buy it. It's that simple. If you are looking for some short term juice in the price of your stock, you are in the wrong stock. Buy CSCO, INTC etc., and you are sure to get the price action one way or the other. The truth is you think that your particular mining stock is special. Perhaps it is, so keep it and you will be a rich man in the future, but don't expect the TV for chissakes to hype your stock. John aka Part of the Problem