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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (22757)8/10/1998 10:34:00 PM
From: Katherine Derbyshire  Read Replies (1) | Respond to of 70976
 
>> I was not in any way saying comparing you to the CNBC crew, although going
back over my post I could see how one could read it that way.<<

Even if you were, I wouldn't take it personally. There are plenty of "journalists" out there giving the profession a bad name. I'm confident that my work and my qualifications speak for themselves.

>>Re: . I have no intention of investing in semiconductor
equipment stocks, no matter what the market does. First, such investments
would be ethically problematic

I am curious as to why you feel this way. Mark Haines(the only offhand exapmple I
can think of) routinely states that he is a holder of AMAT stock when he questions
J. Morgan. Mark Haines does not parallel what you do and so may not be a good
example. Do you feel ownership of a certain stock will cause a de facto bias? <<

In a word, yes. Some journalists feel that full disclosure is all that is ethically required, some don't even bother with that. I would rather my readers didn't even ask the question, so I don't invest in the sector at all. I also don't want to ever be stuck between reporting the news and my own financial interests, because, if the temptation were big enough, I'm honest enough to worry that I might choose the "wrong" side.

Of course, the decision is easier because the sector doesn't fit my portfolio needs anyway.

Katherine