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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.07-1.0%Nov 18 3:59 PM EST

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To: JGoren who wrote (145441)10/5/2006 5:07:55 PM
From: lml  Read Replies (1) of 152472
 
The SEC really needs to take on the problem of compeitors misleading the market with the aid of willing journalists with an agenda. [Emphasis mine.]

Problem is how to prove intent on the part of the journalist. Very difficult.

I have never seen a worse situation than what happened yesterday.

Yeah, I couldn't believe the piece that AP ran after the close. The banner title claimed QCOM motion denied, but the story covered something else. Seems AP got my email telling them of the misleading title, as they've now corrected. See biz.yahoo.com

PS. I really think that with advent of online journalism there are a lotta less-than-professional journalists out there. Some are simply negligent (incompetent); others are trying to make a name for themselves to further their career. A generic story never gets the author much attention, but a story that pushes up against the envelope of journalistic ethics does.
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