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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: sand wedge who wrote (27461)	7/8/2000 8:00:02 AM
From: gdichaz	Read Replies (3) \| Respond to of 54805

sw: Fine. Mike has pointed out that late in the afternoon CNBC had a balanced presentation using analysts. Good. Your statement "I don't blame Bloomberg or any other news outlet. They produce sound bites, the more incendiary the better." applies to CNBC and other "entertainment" providers. But is this really the standard Dow Jones should adhere to? Isn't their "service" supposed to be to provide facts and analysis for investors to use with some degree of confidence. Did they? My problem is that the Bloomberg story was internally inconsistent, used quotes from a week ago as if they were current, and claimed that Qualcomm was left out in Korea. Dow Jones did the same. This is false and misleading reporting. Is this really OK and worth only a yawn? Now this was not challenged at any time that the market was open by any news service to my knowledge. So where did you look for the "facts"? Curious. I looked here on SI. What hits me is, where have all the professional "ethics" gone? Where have all the editors gone? Why do people yawn when the press is completely irresponsible? We are so jaded now with anything goes that even the idea of the need for checking stories to ensure the facts are accurate has long since lost. It is not that I am surprised, but I find that having to "work around" press reporting a pain. Enough. Enjoy the weekend. Cha2 ...