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Biotech / Medical : Biotech vs. Shorts

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To: John Metcalf who wrote (107)8/4/1999 9:38:00 PM
From: scaram(o)uche  Read Replies (1) of 427
 
"OUR FAILURE TO MAINTAIN OUR REPUTATION FOR
TRUSTWORTHINESS COULD HARM OUR BUSINESS

It is very important that we maintain our reputation as a trustworthy news organization.
The occurrence of events, including our misreporting a news story or the non-disclosure
of stock ownership by one or more of our writers in breach of our compliance policy,
could harm our reputation for trustworthiness. These events could result in a significant
reduction in the number of our readers, could materially adversely affect our business,
results of operations and financial condition."


Isn't their having gone public in the first place inconsistent with this statement?

No, on second thought, I guess absolutely sh*tty and amateurish performance in '98 doesn't apply to the current meaning of "trustworthy".

I am absolutely sick of jerks who will lie through their teeth just to make a buck.
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