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To: Jay8088 who wrote (17711)	9/21/1998 4:23:00 PM
From: OtherChap	Read Replies (2) \| Respond to of 164684

> But I have to admit that I have no idea what turned things around >today... Watch CNBC. Without exception, every single anal-ist who appeared said the market was set for a rally. It is really fun to watch real time quotes with CNBC playing on the monitor beside me. In my opinion, CNBC has more influence on the stock market in the short term than any other media outlet. CNBC understands this, which is why they kicked out Dan Dorfman when it turned out he was in cahoots with the stocks he was recommending, and it's also why all employees of CNBC are only allowed to invest in mutual funds, not individual stocks. (It's part of their contract- i know a guy who works there now as an intern)

To: Jay8088 who wrote (17711)	9/21/1998 4:24:00 PM
From: llamaphlegm	Respond to of 164684

What's the synergy??? (G-d, I hate to succumb to that buzzword). Aren't they all peddling a lot of the same things??? cbs.marketwatch.com By Stephanie O'Brien, CBS MarketWatch Last Update: 4:11 PM ET Sep 21, 1998 NewsWatch NEW YORK (CBS.MW) -- MovieFone Inc. shares rose more than 18 percent after the company said it launched a new shopping area on its website. The company's (MOFN) site, Movielink.com, will now sell movie soundtracks, books and memorabilia in addition to providing information on movie show times. The site also has agreements with online retailers including Amazon.com (AMZN) and CDnow. Shares rose 1 3/8, or 18.6 percent, to 8 3/4. "Through our relationships with Amazon.com, CDnow and Moletown, (Mole-Richardson Co.'s Studio Store) Movielink.com users now have an easy way to buy movie-related merchandise from their favorite films," Matt Blumberg, a MovieFone spokesman, said in a statement. Consumers will now be able to buy tee shirts, hats, posters and books, as well movie tickets, the company said. New York-based MovieFone operates a telephone ticketing service and movie listing guide. Stephanie O'Brien is a reporter for CBS MarketWatch.

To: Jay8088 who wrote (17711)	9/21/1998 4:38:00 PM
From: IceShark	Respond to of 164684

I have no idea what turned things around today... Probably a couple things. The Slick's video was a bust for new and bad news and several people, including Brazil's finance minister I believe, indicated the fed would cut rates come September 29. And the hypesters are out in full force saying how we should have a rally. The rally wasn't exactly too broad based, but compared to this morning it was pretty damn impressive. I had a sick feeling this morning that I should have closed puts, but regrettably didn't. I think a bunch of the people that ordered the video tape from AMZN are going to cancel their orders - I sure would. Regards, IS