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WEC.

CNBC or tweet me at Jim Quamer. When people in this business screw up, you

gotta call them out. Yet most commentators are reluctant to go there. This

drives me nuts. I think we should approach this business for the same

rigor that you use to examine, say, the NFL. Unfortunately, the stock market is

a lot less accountability than pro football, which is a major reason why people

have such a hard time making money. Even with days like today where the Dow

gained 188 points, as it would jump point 0, 1.06 percent, and then as X surge, 1.77 percent.

Let me give you some examples of what I'm talking about with this lack of

accountability. Last night, Cisco's systems, one of the largest companies in the

world, the gold standard networking, reported, and within a few minutes, the

press universally condemned the quarter, stopped and sensibly blasted

after our trading, to the point where some trades were put on down four bucks

from the close. As someone who used to cover sports for living in, of course,

still covers business, I was shocked by the shoddy and a historical

reportage. I followed Cisco since the Cape Public 30, when years ago, way

back when John Mortridge was running the show, the key metric for Cisco isn't

...