Date:    9/7/98  9:54 AM
          
          Subject: S-7-16-97 - USE OF TELEVISION FINIANCIAL NEWS SHOWS TO MANIU
       
          After watching CNN's Reliable Sources, 5 September 1998, I have become more
          concerned with the use of Talk TV or 24 Hour News TV, such as CNN/FN, CNBC,
          MSNBC etc. as a way of maniupulating the stock market.  I had been wondering for
          a long time about these shows,  and  how/why these reporters were so much
          smarter than normal everyday people.

          It has come very apparent to me, that anyone who wants to say something negative
          or postive about the market on a given day or hour can get on these shows.  Are
          these people being motivate by large finiancial institutions and paid to appear
          on these programs?  Are these news programs being paid to put these people on?
          The never tell you what they are invested in or what their motive is for saying
          what they are saying.  Reference the individual mentioned on Reliable Sources,
          after his appearance, the market fell over 100 points within an hour.

          I certainely don't consider myself to be an expert as a investor, but  I do
          believe I know a good, solid company when I read about one.  I don't understand
          how some of these "young" reporters in such a short time get so smart.  Before
          Financial TV hosts,  reporters, analyst, market makers, etc. make any statements
          about the stock market on  world-wide TV,  they should be required to disclose
          their holdings, what firms  they are affilated with and what their firms
          affilation has with the stocks.  I am concerned that some of these reporters
          reporting from the trading floor on any given day could be passing on news that
          is not correct or that they could be set up by some large financial institution
          by leaking false information.   It makes you wonder if there is a conflict of
          interest.

          I certainly understand "Freedom of the Press," and individual rights to "Freedom
          of Speech", but I don't believe that using TV programs and fast pace computer
          programs  to maniupulate the market is legal or fair to average investor.



          Harvey Shore
          23909 56th Court S., F-104
          Kent Wa 98032