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To: Tom Kearney who wrote (44049)3/5/1999 7:47:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
BTW, as I have commented in the past, I do appreciate these sorts of posts none the less.
It is go to see what this guys are saying even if it's garbage. I DO think it influences
investors.


Tom,

Your comment about business journalism is well takenand I agree. The way it moves the securities at times. The most comical is CNBC. On a down market day, the sky is falling and nothing can help. On a good day, we never hear anything bad. A little hype on a stock on CNB during market hours moves the stock a few points almost immediately. I suppose one could day trade just waiting to hear CNBC have an analyst on about a stock and clip a point or two.

Glenn