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To: Robert Graham who wrote (4113)	5/12/1998 4:57:00 AM
From: dePaul	Respond to of 12617

I really doubt that on the floor of the exchange that CNBC is the god of market movement. They've probably made there money before CNBC even gets a whif of it. I'm sure they can sense when something is up by being there and getting a first hand grasp of the order flow. Clarence

To: Robert Graham who wrote (4113)	5/12/1998 7:44:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 12617

CNBC Years ago, when I daytraded off Nasdaq equipment in NYC, CNBC had a reporter named Dan Dorfman that appeared on the air a few times a day. Dorfman, who was caught up in the original "Heard on the Street" scandal, broadcast rumors at about 12:40 ET. Off-floor traders would stop and wait for his "pix" and flood the market with orders. A CBOE MM I sometimes correspond with told me the CBOE put in CNBC so people on the floor at least had a clue as to why the sudden spike in orders ... the "Dorfman" effect, or whatever. I believe that was the original intent of the CNBC installation.