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To: Shoibal Datta who wrote (2778)4/23/1999 10:46:00 AM
From: Ian@SI  Respond to of 5867
 
OT to SB:

If you're referring to my comment to Ted David on the CNBC Critique thread, I wouldn't hold you to the same standards as a CNBC announcer.

1. You're probably talking to a small subset of perhaps 100,000 SI readers of the SemiEquipment threads. Maria is broadcasting live to millions of much less sophisticated investors.

2. Most SI readers have a reasonable grasp of the games that Analysts play. Most TV viewers assign much more credibility than is due to a news reader (teleprompter reader) or the "money honey" as she seems to like hearing herself being referred to by the NYSE regulars.

3. It's a generally accepted practice to post this type of news as information for all to assess as early as it is received. Journalistic standards and ethics dictate a different process for newscasters before broadcasting completely unfounded rumours.

Sure, we'll all get caught passing on some Analyst's bs. But we should all be aware that this is a very real risk of using these Internet boards.

FWIW,
Ian.