"A company using WebClipping.com would be aware of any and all information - whether it's true or false -- being posted about it on the Web," added Silverman. "By immediately understanding what is being said about the company, its executives can react in a very timely manner to avoid potential crises -- such as the 62 percent stock drop experienced by Emulex within the first hour the false news was published."
The above paragraph makes no sense whatsoever. On the one hand Webclipping.com is saying they just gather information -- all information whether true or false -- and on the other they are implying they make value judgments and alert companies to potential problems. I would think the last thing Webclipping.com would do is warn a company about something contained in what purports to be a client's own press release, and I very much doubt they call each company to confirm a legitimate looking press release is truly theirs. In a situation similar to Emulex, one would think the barrage of phone calls from investors, the press, brokers, employees, friends, etc. would get the attention of the company without the need for a webclipping.com type service. Nevertheless, I can't argue that knowing what people are saying about you is not a good thing, and I can't blame Webclipping.com for trying to cash in on the Emulex hoax.
- Jeff
P.S. Ahem... my ulterior motive is seeing if Webclipping.com trolls the net for mentions of "Webclipping.com" and happens across this message. If so, for fun, send me an e-mail at jmitchel@optonline.net :) |
