Business Wire Falls for April Fools Prank, Sues FBNers Message Board

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Pastimes : Business Wire Falls for April Fools Prank, Sues FBNers

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To: Solon who wrote (227)	4/28/1999 8:10:00 AM
From: Hoatzin	Read Replies (3) of 3795

SF Chronicle story: sfgate.com Excerpt: Industry analyst Jim Balderston of Zona Research in Redwood City said he thinks the lawsuit could backfire on Business Wire. ''They could put themselves in a position where they imply that they're vouching for the validity of everything that they transmit,'' he said. ''Due to no fault or shortcoming of Business Wire and PR Newswire, I've read a lot of lies transmitted over them.'' But Balderston also saw a tongue-in- cheek upside. ''If Business Wire wins this case, they may be able to sue anyone who ever lies in a press release,'' he said. ''You could generate a lot of money that way.''

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