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


To: long-gone who wrote (987)5/8/1998 10:06:00 AM
From: Khris Vogel  Read Replies (3) | Respond to of 17683
 
Richard, I almost don't know where to start.

Nobody is consciously trashing metals just so that people will buy other specific things. Rather, it's a question of limited financial resources. If I have $100 to invest, I have to invest that where I best see fit. While the #'s are different for everybody, the same principle holds across the board. But CNBC, et al, is not going on the air saying, "Khris, psst, don't buy Couer d'Alene, rather buy Washington Federal Savings." Maybe you hear such voices, but I don't.
If CNBC is not giving the coverage to the metals that you deem to your liking, it could be due to the fact that they have gauged their viewers' interests, and decided that the audience for such coverage is relatively limited.
There are other media sources for metals and mining. Several newsletters cover this sector. But to be honest, just my opionion, I don't think the most of us view metals and mining co.'s as being part of our investment plans. Sorry.



To: long-gone who wrote (987)5/8/1998 10:18:00 AM
From: Martin Wormser  Read Replies (1) | Respond to of 17683
 
Richard, I own 14 mining stocks. I understand what you're saying.
But metals haven't been "in" for many years. If CNBC was around when gold hit 800, I'm sure they would be talking about mining all the time. Then people would say, "Why are they talking about mining all the time"?

martin