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Pastimes : CNBC -- critique.
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To: Ian@SI who wrote (2524)4/26/1999 9:26:00 AM
From: Guy E. Fleming  Read Replies (1) of 17683
 
Ian:

I didn't see or hear it but from your description, Maria was obviously duped by Morgan Stanley into a negative IBM report. Whatever happened to the old "two sources" rule in journalism? Sounds like she was overeager to get the exclusive and didn't follow it. You can't really expect Ted David to comment directly (lawsuits, relationships, etc.) and he did manage a nice tap dance around it but did not specifically defend her. I found that omission interesting.

I'm glad you were able to take advantage of the misdirection and make some money -- sorry for those who acted on Maria's word and sold out IBM positions. She's the one who should explain, especially for not confirming with another source or balancing the report with the other side of the story. Let's see if she has the courtesy to reply to you.
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