Minding Your Business: Do-Not-Call List Back on Track?
Aired October 8, 2003 - 09:49 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
SOLEDAD O'BRIEN, CNN ANCHOR: CNN ANCHOR: Do-not-call may be back on track.
With that, plus a check of the markets, Andy Serwer is "Minding Your Business" this morning.
Good morning, sir.
ANDY SERWER, "FORTUNE": Good morning. We're in jeopardy, though, Soledad. We're in jeopardy. We're in jeopardy of the winning streak here in October.
SERWER: Stocktoberfest. Stocktoberfest is in jeopardy here.
SERWER: The stocks are trading down this morning.
Let's check out the Big Board. We're down about 20 points, 20 points. See, I called that, exactly 20 points down. It will stay that way all day. No, of course it won't.
What stocks are moving? Alcoa is moving. They announced better- than-expected earnings. So that stock is up, Paul O'Neill's old company. Costco is up a bit. And so is Yum, that food company, Yum Brands.
Anyway, you want to talk about the do-not-call list.
O'BRIEN: Yes, please.
SERWER: Yes, I will.
O'BRIEN: One hurdle out of the way.
A federal court of appeals has decided that the do-not-call list may go into effect. However, the direct marketers -- the telemarketers, that is -- will appeal this. They're going to take it to a higher court, No. 1. No. 2, the list is not back open yet. So you can't add your name to the list. Stay tuned. This is a story that will go on and on for several weeks.
O'BRIEN: All right, Andy, thanks. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com