Chat-a-Thon Transcripts: Maria Bartiromo

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TSCsean

: Please join me in welcoming Maria Bartiromo! She anchors for CNBC's Market Wrap II and Business Center. You also catch her top-notch markets coverage from the exchange floor in the mornings on CNBC. Maria is putting the final touches on a book which is due out next year from Harcourt Brace. If we ask nicely, she might even give us the scoop on what the book's about.

TSCsean

: Welcome, Maria. Thanks for joining us and helping to raise needed funds for Tech Corps

Creme_Delacramer

: Maria, great for you to be here!! Very exciting to get your perspective on things!!!!!!!!

MariaB_CNBC

: Thanks for having me.

Your_Question

: moneymaker4236: What do you think is the best way to use CNBC to make money in the markets?

MariaB_CNBC

: Use it to get an edge and arm yourself with as much information as possible about the stocks you're following. The mornings are particularly important where we give you "inside baseball" type things before they're widely disseminated - for example, research notes from the Wall Street houses.

Creme_Delacramer

: CNBC Squawk is indispensable these days, and Maria is part of that indispensability. As a professional trader I need to know what she is saying and what she is hearing; she has long been one of my faves and has done much to make this game more intelligible and interesting to anyone who plays and invests.

MariaB_CNBC

: Thank you very much, Jim! It can be very valuable, what we bring you on Squawk. I know for a fact that I myself try very hard to find the "axes" in certain stocks and get it before it's moving the particular stock involved.

Your_Question

: Adam Lewis: What are people in the markets talking about today -- the President, the Shell restructuring or Goldman Sachs?

MariaB_CNBC

: The impeachment situation is priced into the market, frankly. If we do see a real disaster and Clinton is actually impeached, that would be very influential, but at this point America believes Bill Clinton is untouchable and it's really a non event as far as I'm concerned.People are talking about earnings and they're talking about some year-end tax selling which happens usually at this time of the year. They may talk about the Clinton situation, but I don't think they're really making big investment situations based on that yet.

Creme_Delacramer

: I think the market would be higher if it were not for this impeachment inquiry. It does cast a pall over our markets and makes us look like a less investable place to foreign money. But at this point Maria is dead right that the bad news is priced in and if Clinton can craft a deal you will see higher prices.

Your_Question

: Artemisig: Maria, You are on the air early in the morning and late in the day. How do you put in so many hours and remain so cheerful?

MariaB_CNBC

: I love what I do. I would like to say that after Squawk Box I take an hour to myself, which is what I used to do, but I don't do that anymore so all I can say is I love what I do and it's fulfilling.

Your_Question

: proberts: What did you do before you came to CNBC?

MariaB_CNBC

: I was working as a writer and producer at CNN Business News, which means I produced Moneyline with Lou Dobbs, the morning shows - Business Morning and Business Day -0 and some of the live business news updates airing on CNN I was a writer, researcher, and producer before coming to CNBC.

Your_Question

: kathlynh: Maria, was it tough being a woman and getting to where you are now?

MariaB_CNBC

: In my case, being on the floor and being a woman had some barriers. Only because it was new to all involved - when I first got to the floor no one else had broadcast from the floor of the exchange. Not only was I overwhelmed by all the people and activity, but they were wondering "who is this person?" Not only is she a reporter, but a woman. So in the beginning, it was a little overwhelming in that regard, just being on the floor. In some cases, being a woman is helpful, as well as having its share of barriers. For starters, some people would rather have lunch with me than a guy in a big suit on Wall Street. There's nothing wrong with that. What I did was hold my ground, try hard to develop a network of regular sources I'd speak with all the time, and stay tough, even when I really didn't want to be.

Your_Question

: jubalben: maria...asdl or cable modems, according to th "word" on the floor?

Creme_Delacramer

: I am a big believer in cable modems and I have been supportive of all of the stocks in the sector. I think they have moved up a great deal, but I still like Broadcom and Athome, especially on pullbacks.

MariaB_CNBC

: Based on the performance of the cable stocks, Jim's opinion is reflected. I don't hear a big sway either way on the floor. In 1998, Time Warner is up 82%, Viacom is up 62%, TCI is up 247%, US Media Group is up 41%, and Cox is up 114%. Just to give you a sense of what the cable stocks have done on the expectation of the cable modem and potential for new developments over the next 3-5 years.

Your_Question

: stkluvr: Maria - How would you advise the individual investor/trader to sift through sensationalism that is inherent in TV coverage of the markets?

MariaB_CNBC

: It's important to separate the noise from fundamentals. There's always going to be drama, whether it's in business reporting or politics or local news, but you're dealing with your money, not someone else's. So it's important for the individual to understand what's really moving the stock and the company's business prospect. In August and Sept., when we saw the market falling as much as it was, people kept talking about Monica Lewinsky. I think that was noise. What was important was Asia and the potential for weakness in Latin America. Even Russia, economically, was unimportantly when you look at that country's economy. (Politically, a different story) How do you sift through it? Do your homework, stay informed, don't fall victim to the drama. Separate the noise from the fundamentals.

Creme_Delacramer

: Maria and CNBC do a great job of giving you both color and substance; you need both to keep people interested because if you just bored people to tears with facts they would watch something else. It is integral, and no sin, to make the game come alive because it is alive, because it is exciting, and for some of us it is more much more exciting than sports.

Your_Question

: mda12p: Maria -- Did you enjoy NYU and did they prepare you well for the business world?

MariaB_CNBC

: Yes, NYU was great because it gave you the opportunity to actually follow what you were learning. The journalism division had AP wires. All the profs were working journalists or authors or reporters - they were doing this part time. I found it to be wonderful. Being in NYC was enriching - being in the Village with such a diverse community.

Your_Question

: jla12345: HI Maria when are you going to get your own talk show!

MariaB_CNBC

: I have two programs that I absolutely love - Market Wrap and Business Center - where we have as many guests as time allows. I'm not really looking for a talk show right now, but thanks very much.

Your_Question

: zachary_goldfarb: Just as a matter of interest, what is CNBC's investing policy for its anchors + reporters?

MariaB_CNBC

: The guidelines are strict and long-term oriented. Most of us invest in mutual funds, and stay away from individual stock picking. I, for one, would never report on something I have an interest in.

Your_Question

: BruceMiles: Who is you favorite co-host and favorite guest?

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MariaB_CNBC

: Tyler Mathisen is my favorite co-host. My favorite guest would be Jack Welch. Michael Milken was very interesting. I also enjoyed David Komansky.

Your_Question

: CoryTSC: Maria; you've been covering the financial markets for about ten years now. What would you say the biggest change is in that time?

MariaB_CNBC

: Information moves faster than it ever has. That's probably why corrections happen so quickly. The individual is armed with as much information, in many cases, as the professionals.

Creme_Delacramer

: I think the individual has had the playing field leveled by the Net. that is the most important event,. a seachange, and I think that Maria and our next guest have been in the thick of all of these changes

TSCsean

: thanks for joining us Maria!

MariaB_CNBC

: Thanks so much for having me!