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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: David Bogdanoff who wrote (3387)	2/20/1999 1:17:00 PM
From: Boca_PETE	Read Replies (1) \| Respond to of 15132

David B: RE: <a very technical business to fairly determine returns > I agree it would be a challenge, but I also believe some method is better than nothing. Take the Wall Street Week elves each week and the awarding of halos to those with correct 3-month predictions within a reasonable range. Surely a viewer can reduce the value of a Gail Dudack prediction - she's been out there alone as a bear as long as I can remember. Perhaps CNBC could develop a similar but more sophisticated system for different time frames (Out 3 months, out 6 months, ...) for quest predictions of future market levels, interest rates, economic growth rates ... Perhaps they could require guests to make time frame specific predictions as a condition of being a guest. Interesting to learn that there are financial firms which track fund managers' records and sell the info to investment firms. Perhaps CNBC could also buy such records for fund managers who are CNBC guests. Knowing this information would give the viewer a better way to judge what is being said. P