Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?

To: Yogizuna who wrote (2598)	5/5/1999 4:29:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 17683

Alright.... I've chosen to try not to critique CNBC in the past, but I have to speak up on these "highlighted" stocks that they discuss. They just put up a list of internet companies and discussed their moves for the day. The highest mover was PCLN (up $17 3/16 or 12.83%) and YHOO (up 2 1/16 or 1.3%)... etc. But NOTABLY AND SUSPICIOUSLY MISSING FROM THE LIST WAS GNET (Given past gripes about Mark Haines negative attitude in interviewing the company's CEO, Russell Horowitz) (up $13 3/4 or 10.52%) GNET also seems to have an indicated technical volume reversal off of $119-120 support hit this morning, which should have been newsworthy in itself. Now I don't reasonably expect CNBC to include every top gainer in a particular sector, and I certainly don't expect CNBC to become a defacto promoter of GNET. But I have to wonder WHY certain companies that have small point and percentage gains, are given recognition (billing?) over other companies who have higher percentage gains, have better book values, positive earnings, as well as billion dollar+ market caps. Again, I'm not posting this to tout GNET. I particularly don't see any reason to do that. What I REALLY ASKING is just what criteria is required for forming those lists of select stocks?? I'm using GNET merely has a standard to judge CNBC reporting criteria by because I follow it, hold it, and am sensitive to the perception of its shareholders that there was, (or currently is a bias against the company) by certain CNBC script writers-editors/gatekeepers. Just what is the story in YHOO and EBAY closing up in single digit percentage points compared to GNET and SEEK both closing up double digit percentages off of major techinical support levels?? I respectfully request that Ted David or some of the other CNBC crew that I respect (including Tyler.. :0) enlighten me as to the process of how those lists are assembled and the criteria they utilize. Best regards, Ron