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Technology Stocks : CheckFree (CKFR)

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To: Longterminvest who wrote (6803)8/13/1998 10:13:00 PM
From: micny  Read Replies (3) of 8545
 
To: ????term??????
aka "StockReporter"

As a Stock Reporter, don't you think you should verify the facts before you make yourself look like an ass, and you mislead others by reporting false/incorrect information that pertains to your own industry? Responsible journalists are required to.

Clearly you didn't and as a result you made supposedly factual claims that were just plain WRONG, then rather than simply admitting it and apologizing for being so wrong you choose to defend your incorrect reporting by weakly claiming that;

"**Both Robertson Stephens and H & Q reports have been indicating that either them or their affiliates were manager(co-manager) of a public offering of securities of this company and/ or had performed other banking services for which they received a fee."

Know what OR means?

This sounds like the modus operandi of the STOCK REPORTERS covering Checkfree. Publish worthless opinions giving the appearance that some reasonable amount of independent research is the basis for the "estimates", then, when those estimates are off base, to bleat "it's not my fault, that's what management said, and I'm only regurgitating what I've been told by management, and management is changing their story so now I'm changing mine to coincide with theirs."

Woe be to those that believe the BS these guys publish. In the Columbus paper it's reported that Pawan Malhotra, "STOCK REPORTER" for Legg Mason Wood Walker said, "People are saying that Pete Kight should have said something earlier"

Well I say Pawan, and lots of others failed to do a decent job doing research and "analyzing" the results of that research and now they've got to have someone to blame, since they can't admit their failure to do any reasonable research is the real reason their estimates are so far off base.

Should we understand that all this time you've been following the wrong analysts?

Maybe Crafts sea change correlates to BARS no longer providing such services?? Just food for thought!

Stock Reporter, this is my last post to or about you; you're not worth it.
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