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Technology Stocks : Intel Corporation (INTC)

INTC 38.16

+2.5%

Nov 7 9:30 AM EST

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To: Road Walker who wrote (42848)	12/19/1997 9:16:00 PM
From: Barry Grossman	Read Replies (3) of 186894

John, RE: "Could all the media be wrong?" It has been my experience whenever I have had inside knowledge of a story that became news that the media reported what they wanted to report and not what actually occurred. That is, the media seems to take a position on an event and then present the facts to the public is such a way as to support the position they've chosen and to ignore or belittle alternate positions. Biased news isn't news - it's just someone's fictional version of events. For example, tonight I heard Dan Rather on CBS say that "THE REASON why long bond interest rates have fallen SO MUCH is because of a flight to US Bonds by money from overseas." I noticed that he didn't say anything about inflation. One listening to the news might not think it had anything to do with it to hear Dan tell it. Don't you just love it when instead of telling WHAT happened, the media tries to explain WHY things happened after they happen - as if they know - which they usually don't. JMO. The subject gets my blood boiling. You picked a good day to play golf. Lots less stress, I'm sure. Barry

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