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To: Doug Robinson who wrote (47660)3/28/1999 10:17:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
James- I agree on all your good points. CNBC is a good source
of information that does effect momentum of stocks and the market.
That doesn't mean that I agree with their opinions or those of their
guests on all occasion, but make no mistake about it, the market responds to the
information that they provide.


Dough,

I agree with you that comments on CNBC will drive the price of a stock.
I was wondering why CNBC became so influential compared to Bloomberg TV for example. The news is better on Bloomberg in my opinion but it does not drive a momentum stock.

Glenn