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Technology Stocks : Intel Corporation (INTC)
INTC 36.15-0.6%Dec 24 12:59 PM EST

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To: Road Walker who wrote (38222)10/29/1997 3:08:00 PM
From: StockMan  Read Replies (1) of 186894
 
John,
Re -- CNBC Bruce Francis reporting rumor on fundamental finacial information as fact.

Since CNBC does real time reporting, mistakes are made sometimes (Given that all reporters want to be the first to report "news"). Heck if you look at election results reporting, these guys routinely make errors on whose elected. In such situations
I think a regular slap on the hand, is merited. And the report corrected.

Its the deliberate errors either due to ignorance or Bias that are more serious problems. These are typically made by false reporting over an extended period of time, Newspaper reports (which do not have a reason for not validating what is written) and irresponsible analysts comments/analyses.

Stockman
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