Blame Game:

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Blame Game: there's a lot of finger pointing going on about who created the hype on Internet stocks. (I remain glad that I always refused to give relatives and friends recommendations on Internet stocks.) The NY Times bashed analysts last week (who were certainly part of the problem) but the Washington Post has a more balanced assessment. The media should definitely take much of the blame here -- it's their job to be skeptics who don't buy into hype. If the reporters act like sheep (and they all too often do), then how can we expect the public to be any more independent?

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This page contains a single entry by Tom published on March 12, 2001 9:56 AM.

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