The Cutting Room: Danny Boy at the Bat - TheStreet

The Cutting Room: Danny Boy at the Bat

You thought JJC was the only loudmouth at TSC? Think again. Editor Dan Colarusso shakes up the set at <I>Fox</I>.
Author:
Publish date:

Geez, that double espresso helped.

There's nothing like going into the Green Room at

Fox

studios and finding

Herb Greenberg

-- a 40-something suburban guy -- running circles around you. I should have taken the espresso through an IV.

Anyway,

Gruntal

analyst Peter Green presents a big challenge. From the looks of him, you can tell he's ready to rumble and he's taking the gutsy stance of going long the slot-machine company

International Game Technology

(IGT) - Get Report

and a drug company

Elan

(ELN)

while shorting

IBM

(IBM) - Get Report

.

As Green was getting made beautiful for the camera, Greenberg was preparing a vintage inquisition on IGT and Elan, reviewing questions about management and balance-sheet issues. I'd been studying Elan at the knee of

TSC's

own pharma wizard

Jesse Eisinger

who said he'd be interested to know if Green thinks an important pain drug Elan is developing -- ziconotide (yeah, this Brooklyn kid knows better than to try and say

that

in front of seven cameras and

Brenda Buttner

) -- will be found safe, pass

FDA

muster and be a blockbuster.

Stock Drill's time constraints kept Green from answering in-depth, but he says the pipeline's diversified and that Elan is a value play during a period he's expecting a run in pharmaceutical stocks. He defended all his positions well and didn't seem the least bit scared of Greenberg.

Meantime, when we left the Green Room for the set, Editor-in-Chief

Dave Kansas

was still in a T-shirt, his new blue button-down still inside the cellophane wrapper, and his red

Ferragamo

tie (

not bad for a Minnesotan) sitting precariously close to the remains of my double espresso. He was on the phone, likely making one of those important management decisions.

Thankfully by the time Stock Drill is done, Kansas is gussied up enough for a guest spot on

Dawson's Creek

, but he's unfortunately wearing the same shirt as Greenberg. "Mine is darker," he says later. Yep, whatever you say, boss.

As Chartman begins, there's a collective groan directed at

Lashinsky's

shirt-blazer combo, but I figure when you're as smart as that guy, you get to dress however you like. Anyway, the show's theme is the Missiles of October, and Gary B. is taking a look at the

S&P 500

and

Nasdaq 100

charts, and he says something like, "Sure, the S&P 500 may fall 10% but I don't think it'll be a bad October." Kansas winces at the mere thought. A 10% bite out of the market, not so bad. What exactly

would

a bad October be?

Lashinsky digs at him a little, and the two go on to lament the fate of the Nasdaq in a market that seems to have grown weary of tech stocks. I wanna see these two on a

Celebrity Death Match soon.

Word on the Street goes quickly, a little too quickly for me. Mostly we're listening to

Jim Cramer

and

Jeff Berkowitz

whine about October and the

evils it brings and rib Kansas about his right-for-the-wrong-reasons

prediction about a rise in gold prices.

During break, we get word that we have just 3:25 left for our predictions. We offer them up, but geez this 3:25 is feeling as long as the last two minutes of an

NBA

playoff game. I keep talking. What the heck? That's what the voices in my earpiece are telling me to do.

When we're out we find out that sharp-eyed producer

Gary Schreier

was off by a full minute so we got to give a little more chat than usual. With guys as smart as Kansas, Greenberg and Buttner, that's always a good thing.

As for Schreier, well, he's a whiz with cameras but he never claims to have passed math.