To: Ted David who wrote (19203 ) 4/24/1999 1:55:00 PM From: MulhollandDrive Read Replies (1) | Respond to of 93625
td, Sorry if you thought my comment was "gratuitous" and I agree with you that the implication was that you somehow "plagerized" victor. And of course, that was NOT the case and unfortunately, it wasn't the the intent of my statement about "lifting" his mock interview but I see how it was construed that way. The larger point I was making was that (and I hope you will at least agree with this) with the advent of the financial networks and their obvious need to "fill" airtime, the on air personalities are under tremendous pressure to do just that, "fill it". It also means that that due to this more and more they will use shall we say "non-traditional" methods of garnering content.(not necessarily a bad thing as long as it's properly researched) The problem with this is that it may result in a regurgitation of opinions that may or may not conform with the underlying facts. For example, I noticed that last week you were contacted about reporting on EMC and referring to it as a "disk drive" manufacturer. The RMBS shareholders have complained since the stock went public that it is constantly referred to as a "chip manufacturer". This type of reporting in my opinion is unacceptable. I realize that you as an individual cannot be aware of every single publicly traded company and what they do, but EMC is a fairly heavily reported company and RMBS has received a fair amount of coverage. I think it's reasonable to to hope that reporters would have at least enough research to understand the most basic fundamentals of the companies they report. As I said in my post about Burstiner's article, if you want to get the story about what investors are saying about RMBS, you don't need to read her article with "selected" quotes that re-enforce her view, you can go right to the source and get all sides. And yes, I do think there is some laziness. It's just too easy to go to a web site and pick through other people's opinions and research rather than going to the immediate source, i.e, the company or their analysts . I also want to re-iterate that citing YOUR interview with 5fer in the same breath was wrong. I understood the point of that specific interview and it wasn't an appropriate example of what I was trying to express.. So my apologies to you for that. I'm glad that the major media outlets are monitoring the investment discussion boards to get "the pulse" of what investors are thinking and saying (as you did in your 5fer interview), but I am concerned that the pace of reporting will open up the potential of media talking heads disseminating false and misleading stories. ESPECIALLY in light of the fact that we KNOW that certain individuals are not adverse to posting false hype or FUD because of financial motivations. Readers of the investments boards should know this and recognize it. When it starts to filter into the mainstream media, it does give one pause. Sorry for the late response, I posted my "gratuitous" remark while heading out the door for the evening. bp