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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (38222)10/29/1997 8:06:00 AM
From: Mohan Marette  Respond to of 186894
 
Intel holds gain in LONDON.

biz.yahoo.com



To: Road Walker who wrote (38222)10/29/1997 10:38:00 AM
From: miraje  Read Replies (2) | Respond to of 186894
 
John,

Totally agree with you. CNBC blew it big time on this. I like the network, but reporting rumor as fact will cause their credibility to go down the tube if they persist in doing this. That report caused the late pop yesterday and we're giving it back today. Don't like it at all.

Regards, JB



To: Road Walker who wrote (38222)10/29/1997 2:20:00 PM
From: Petz  Read Replies (2) | Respond to of 186894
 
John, re: CNBC bias

CNBC has been subtley biased towards Intel. When 3Q earnings were announced after the bell, Joe Kernan (spelling?), and the no-name brokerage analyst they dug up, basically said everything had met expectations and was OK.

Petz



To: Road Walker who wrote (38222)10/29/1997 3:08:00 PM
From: StockMan  Read Replies (1) | Respond to of 186894
 
John,
Re -- CNBC Bruce Francis reporting rumor on fundamental finacial information as fact.

Since CNBC does real time reporting, mistakes are made sometimes (Given that all reporters want to be the first to report "news"). Heck if you look at election results reporting, these guys routinely make errors on whose elected. In such situations
I think a regular slap on the hand, is merited. And the report corrected.

Its the deliberate errors either due to ignorance or Bias that are more serious problems. These are typically made by false reporting over an extended period of time, Newspaper reports (which do not have a reason for not validating what is written) and irresponsible analysts comments/analyses.

Stockman