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To: Ian@SI who wrote (2524)	4/25/1999 2:19:00 PM
From: Thomas M.	Read Replies (2) \| Respond to of 17683

IBM's quarterly report sucked. The analysts and Maria were right. nytimes.com Tom

To: Ian@SI who wrote (2524)	4/25/1999 8:50:00 PM
From: David C. Burns	Read Replies (1) \| Respond to of 17683

Throughout the Friday, Marie gave the impression (to me at least that she was overjoyed to have been first to tell the public that Morgan Stanley was advising its clients to sell IBM as it was going to miss its earnings. I didn't see the report, but when this complaint was first posted on the thread, my reaction was "did Maria report it as a rumor; if so she was simply being a reporter" and that's ok - that's what she's paid to do. But when I see this characterization, then it goes beyond being a reporter. I see this all too often on CNBC - and some of the reporters and anchors recently being praised in this thread are guilty of hyping how reporter x or y was the first to break some story. That's the kind of high fives that belongs in the locker room, not on the air. On the other hand, I never hear them mentioning the reports they got wrong. Maybe Joe Kernan can start holding their own reporters accountable the way he has (properly) the analysts.

To: Ian@SI who wrote (2524)	4/26/1999 9:26:00 AM
From: Guy E. Fleming	Read Replies (1) \| Respond to of 17683

Ian: I didn't see or hear it but from your description, Maria was obviously duped by Morgan Stanley into a negative IBM report. Whatever happened to the old "two sources" rule in journalism? Sounds like she was overeager to get the exclusive and didn't follow it. You can't really expect Ted David to comment directly (lawsuits, relationships, etc.) and he did manage a nice tap dance around it but did not specifically defend her. I found that omission interesting. I'm glad you were able to take advantage of the misdirection and make some money -- sorry for those who acted on Maria's word and sold out IBM positions. She's the one who should explain, especially for not confirming with another source or balancing the report with the other side of the story. Let's see if she has the courtesy to reply to you.