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To: Daniel Liberty who wrote (1641)	9/4/1998 12:29:00 PM
From: Gary M. Reed	Respond to of 17683

Daniel, Great point. You'd think they would keep a notebook of each guy's touts and preview his appearance with how his recent touts have performed. I think the boys at Squawk Box do this quite well--they are NEVER loathe to slam some guy who's opening his pie trap bragging about some stock when the rest of his touts have been lame. That's why I like Squawk Box so much...the boys tell it like it is and don't give these clowns free reign to distort the truth about their previous picks. I can only guess that Squawk Box has it's own separate group of producers because the tone of the show is so radically different from the rest of the programming (i.e. "on Power Lunch today, Joe Schmo is here to promote his latest book "Wealth Without Risk."). I thoroughly enjoy the in-depth interviews that CNN/fn does after market hours with several analysts/managers. Most of the time, these guys aren't the same "Usual Suspects" guys that are frequently quoted by the mainstream financial media (Tom Kerlak's name ring a bell???). CNN/fn gives these guys ~15-20 minute segments to thoroughly discuss their touts and the reasoning behind why they like them. Although like you said, this type of programming probably wouldn't appeal to the average Ma & Pa America, who are simply tuned in to hear friendly-speak about their Compaq, AT&T, Amazon.com and Dell holdings, but the sophisticated investor looking for new angles would find this sort of programming very informative. My viewpoint is this: I don't need to hear 10 guys per day telling me about Compaq--instead I wanna hear some analyst tell me about the up-and-coming Compaq's in the making. Gary