I wrote to Dave Kansas, Editor of "thestreet.com" about Cory's factual errors in his article about TAVA at the Cruttenden Roth conference. Here is his reply ...
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David
Thanks for the note. Glad to hear we scored well in the survey!
On the more serious note, Cory did have a mistake in that story and it was subsequently corrected. I apologize for that error, and Cory is also regretful. We all have to be more accurate!
...
Dave
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At 10:46 PM 3/12/98 EST, biffpincus wrote:
Dave,
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P.S. On another note, I feel like I have to take this opportunity to bring your attention to an article that Cory wrote last week. .... In all respects, I really do believe that "He is the Man!" (the pincus family mini fortune (lol) being due, in large part, to my doing extensive DD on his stock picks).....
But, in his column last week, he provided what I believe to be "Wrong"
information to your readers concerning the services that TAVA (one of my main holdings - [which I discovered on Cory's recomendation back in August]) provides.
In the interests of accuracy, I thought you should know there is an "honest difference of fact" between what he wrote and what investors know to be true about this company. In short, he wrote that TAVA was a Y2k assessment company ONLY, and not a Y2K remediator. That is not true. The company IS engaged in complete remediation efforts with three clients now on a multi-plant basis and is in ongoing negotiations with many other Fortune 500 companies as well.
That was a significant omission in his otherwise stylish article about the Cruttenden Roth conference.
Small Cap companies live and breathe on the accuracy of a good and fair press and TSC is at the top of that heap as far as I'm concerned. Since his column was more of "soft feature" on the conference itself, I'm guessing it wasn't scrutinized in great detail by your fact checking department. I guess my suggestion would be that ALL articles should be vetted for potential inacurracies. That's probably an impossible task given the daily nature of your publication, but it is probably something that should be strived for.
....
David
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I never saw the correction about TAVA, but I will take his word for it. I guess that is the history of journalistic hubris,
HEADLINES on pg. 1, retractions next to the weather in Section C.
biff |
