Linked by Thom Holwerda on Sat 4th Oct 2008 21:12 UTC
Apple If you're looking for a party, Wall Street probably isn't the place you're going to find one. And to make matters worse, there are apparently people out there who are wilfully trying to make the life of the people on Wall Street (and subsequently, the rest of the world) even harder. By making up fake stories. And publish them on CNN's Digg - iReport.com. Some individual had posted a fake report last Friday, claiming Steve Jobs had suffered from a heart attack and was rushed into the hospital. As a result, Apple's stock made a 10% nosedive.
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hobgoblin
Member since:
2005-07-06

and thats worrisome, as a company should stand and fall on its products and services, not whoever is CEO at the moment...

Reply Parent Score: 2

sbergman27 Member since:
2005-07-24

and thats worrisome, as a company should stand and fall on its products and services, not whoever is CEO at the moment...

And if this event has brought the situation to the fore, then *that* is a very *valid* reason for a *sustained* drop in stock price.

Edited 2008-10-05 02:13 UTC

Reply Parent Score: 2