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To: Mark Marcellus who wrote (1688)	9/9/1998 10:46:00 PM
From: Gorak Shep	Respond to of 17683

Mark, Herb Greenberg is the Matt Drudge of the investment world <G>

To: Mark Marcellus who wrote (1688)	9/10/1998 2:27:00 AM
From: Gary M. Reed	Respond to of 17683

Mark, put me down on your list of people who find Herb Greenberg annoying. While his street.com pieces are somewhat entertaining (provided none of my stocks are on his list of "slams de jour"), it is SO obvious that he is nothing more than a front man for his short-selling pals. He's always trying to point out that these companies in question have an alternative agenda (i.e. getting their stock price up). Uhh, Herb, hello?!! That's what mgt is supposed to do...shareholders tend to get cranky if their stock isn't going up. And oh yeah Herb, while we're on the subject of hidden agendas, what's yours? While I generally despise short-sellers, I actually like Fleckenstein. His reasonings for shorting selected stocks are actually very well thought out. When he explains his dislikes for the PC box makers and Intel, I always find myself nodding my head in agreement. He made an excellent analogy a few months ago. I forget which stock he was talking about, but it was a Nifty Fifty stock like Intel or Coke that had just gotten slammed. The interviewer made a comment of "Yeah, but Bill, the stock is already off 20%--wouldn't that make it a bargain?" and Fleckenstein replied "If I had a 1971 Volkswagen and my asking price was $200,000, and then I cut the price to $100,000, would that make it a good buy?" I admire the guy for having the guts to short all of the "Me Too" stocks like Dell, Compaq, Coke, etc. I'd much rather watch him interviewed than the constant stream of fund managers who go on the show and say their five favorite picks are DELL, MSFT, CPQ, CSCO and INTC. Those guys wouldn't know an original stock idea if it hit them in the head. I think the CNBC and CNNfn producers need to ask themselves, "do we really need another guy whose top picks are those same five stocks?" Gary