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To: Maurice Winn who wrote (19142)11/7/2000 4:24:00 PM
From: Rocket Scientist  Read Replies (1) | Respond to of 29987
 
Well, almost everyone here is tendentious which means, according to Webster's "marked by a tendency in favor of a particular point of view." Outside the WSJ's editorial section, which is certainly tendentious, the paper is generally objective, imo. Not necessarily accurate, of course, but random errors caused by carelessness or the natural desire to create news or at least titilate readers, are not signs of tendentiousness, no matter how frequent or egregious they are.

With so many sources of raw information now available instantly and for free on the web, the job of journalists gets harder and harder. If they only report the "news" it's not fun or profitable, because by the time they print and distribute their paper, the content is long past being news. So more energy is spent connecting dots in ways that create controversy or at least human interest. Speaking of that, wasn't it reported that you were "very blatant" in promoting a plan "to manipulate share prices and create a short squeeze," a plan, moreover, conjectured as violating "securities laws against stock manipulation?" Or was that someone else with the same "screen name." Could have sworn I read about your underhanded scheme somewhere.......<vbg>



To: Maurice Winn who wrote (19142)11/7/2000 4:35:14 PM
From: John Stichnoth  Respond to of 29987
 
Re WSJ-- The litany of companies that have been burned by Dow Jones' actions and errors continues to grow. My father was with Union Carbide during some very tough times. He came home repeatedly during the period very frustrated at factual errors coming out of Dow Jones. One example of their misdeeds: On one occasion, Carbide issued a press release to rebut some of DJ's assertions in an article. During those days Businesswire and PR Newswire and other alternatives to reach "The Street" effectively did not exist. Rather than simply release the press release over their network, DJ held onto it through the trading day, and told Carbide they were doing so in order to give their reporter a chance to respond. Meanwhile, the stock price sank on the strength of the WSJ report. The press release finally came was released after the close.

If DJ had operated their newswire operation and newspaper properly, operations like BusinessWire and PR Newswire, and Bloomberg, and IBD. would never have been able to gain a foothold. The implosion of Dow Jones will continue, IMO, and will eventually be one of the great cases reviewed in business schools showing a rock solid franchise wasted.

I'm sure others have similar stories.