Fox Saturday Morning "Business Bloc" for February 19, 2005

Fox News Channel' s "Cost of Freedom" Saturday Morning shows--
All four shows had a lot of the usual pointless back and forth macro talk--housing- is it a bubble, is tech coming or going, etc. A lot of this seems to be the same-old same-old every week, so I basically ignore most of it unless there is some unusual insight (rare) and concentrate on the specific stock mentions.
Bulls and Bears
Had a "Scoreboard" segment which was a review of guests' previous picks, good and bad. The two most interesting things in this segment were 1) they generally only talk about stocks with a market cap greater than 500 million on this show, so they had to make exceptions for KKD and LEXR; and 2) nobody said anything about a stop loss being important in the case of some of these bad picks. As for specifics, Tobin Smith scored with picking MSO but now says sell it; also had picked LEXR (loser) but said he's buying it again(he said it has $2 in cash per share). Scott Bleier had a winner with LSS and currently says hold it; his big loser was GNSS. Perma-bull Joe Battipaglia picked NMGa which he says is still a hold but he had said avoid EK which subsequently racked up some gains.(Kinda ironic that the perma-bull's "avoid" pick was a winner.) Pat Dorsey picked NOK which he called still a hold but had picked KKD last May(he said he missed some warning signs). Gary Kaltbaum had a winner in MAR (still a hold) but a loser in LLY.
In the predictions segment Tobin Smith called for a test of the Nasdaq bottom and then a rally, Joe Battipaglia said buy SGP and BMY, Pat Dorsey liked DV and Gary Kaltbaum said MSFT will sink.
Cavuto
Lots of pointless macro talk but this interesting exchange in regard to the housing bubble question-- Ben Stein said there is a shortage of home inventory in Southern California, and Jim Rogers compared that to when the pundits said there was a shortage of stock in 1968, right at the top. Next was a segment on how well C, TYC, TWX have done since scandals and bad news. Rogers says buy ABB and short FNM and the homebuilders but Charles Payne says go long FNM. (Insert your favorite comment about it takes two sides to make a market) Payne also recommended RHI.
Forbes on Fox
Had a rather non-specific discussion about whether cable companies or phone companies were a better buy. Mentioned as a speculative buy was CHTR , as a possible takeover was CMCSA, also mentioned was VZ, supposedly cheap at 13x earnings.
Cashin In
Wayne Rogers says oil, gas and natural resources are still strong and he mentioned PKZ, PTR, BR, VLO, BHP saying he owns them all. He also mentioned TSRA. Jonathan Hoenig says utilites and reinsureance are the trends he sees. As usual he managed to mention a number of tickers he owns in passing: PBR E COP BP XOM RD. (In case it isn't clear I appreciate this--I watch these shows to get specific stocks to look into). His featured pick was Brazilian utility ELP and he also mentioned SBS CPL CIG. When he was challenged that their dividends were realtively low, he said he owns them for the capital appreciation more than the divys. Danielle Hughes picked ERICY and said she owns it. Jonas Max Ferris picked BCS, in part because he believes them to be in the running to manage private social security accounts. Wayne Rogers liked the stock and said it has a great website. Ferris also picked ANPI as a speculation for drug coated stents--he's looking for a surprise on earnings next week.