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Pastimes : Investment Chat Board Lawsuits

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To: DSPetry who wrote (41)7/16/1999 2:52:00 AM
From: Green Receipt   of 12465
 
but thats the problem. truths Whats the truth?

I'm speaking from the perspective of the USA:
With the current situational ethics our country has been following what is the truth? Our President doesn't even have a definite answer for what is truth... Truth for him appears to be what he thinks is the truth (whether or not a reasonable person would agree).

What about companies? they are supposed to report the truth..

so an analyst steps in, notices xyz revenues are off 25% tells all his followers to sell... Company xyz then sues the analyst for giving bad publicity... Yes the revenues are off 25% but its a negative slant of the company. company sues analyst.

of course the is the opposite: analyst says buy xyz and company prides itself in publishing PR that 'analyst z' said to accumulate xyz shares...
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