Comments on: Scott Moritz Full of Ca-Ca. Again.

By: Etienne

Etienne — Wed, 25 Mar 2009 08:21:18 +0000

Many thanks for your post!

I was very uncomfortable with this story:
http://www.thestreet.com/story/10476593/2/apples-netbook-foray-will-flop.html
So I tried to evaluate the previous predictions of this “great analyst”.

With your article related to two years ago facts, I’m now aware that Mr Morritz uses to predict to Apple the exact opposite of what really happens!

By: Townsend Harris

Townsend Harris — Tue, 30 Oct 2007 04:48:43 +0000

“Either way TheStreet.com needs to grow a spine … .”

That’s antithetical to their business, working hard to move prices, up, down, or sideways, to make money. “Journalism” is a cover for their real work at TheStreet.com.

By: Craig

Craig — Tue, 30 Oct 2007 01:45:52 +0000

He’s a major ass-hat. I am not surprised he was so wrong…

By: Tedious

Tedious — Mon, 29 Oct 2007 13:13:30 +0000

TheStreet is a “pump and dump” news outlet. Hell, even the NAME of the site is intended to make you think “Wall Street Journal” and lend it credibility. Pure stock manipulation drivel.

If everyone is cautious, TheStreet will write a glowing review and upbeat prediction to pump up the stock price. If everyone is eager, TheStreet will come out with a doom-and-gloom report, pushing down it’s stock value.

They do this to EVERY company they cover. Apple is just the latest. When something else gets popular (soft drinks, small trucks, coffee futures, whatever) they will start covering it with the same non-analysis they currently give to MS, Apple, HP, and Dell.

By: Tod

Tod — Mon, 29 Oct 2007 05:41:38 +0000

@Ged said “He, Mortiz and others at theStreet.com should be ashamed.”

Actually they should be charged and tried for criminal activities if indeed they are attempting to manipulate AAPL. Probably toohard to prove, though. Darn.

By: Ged

Ged — Mon, 29 Oct 2007 05:27:23 +0000

Gadget, if you go watch that clip from Endgaget, Moritz speaks as if he *knows* a 13-inch MacBook will be released on the 26th. He says things like “it will have…” not like it is a rumor or speculation, but that he, of all people has confirmed info that this piece of hardware will be announced. He also says nothing about ThinkSecret or other rumor sites.

Finally, Alix Steel (what a god-awful name) ends the report with a statement that makes it all but factual that Apple will release this hardware with Leopard.

Shoddy, error and rumor based reporting masquerading as fact from theStreet.com. A blatant attempt to manipulate investors and the AAPL stock price IMHO. This has happened before and Jim Cramer has all but admitted it. He, Mortiz and others at theStreet.com should be ashamed.

By: John Engler

John Engler — Mon, 29 Oct 2007 05:11:31 +0000

great article Ged.

By: intig8r

intig8r — Mon, 29 Oct 2007 03:19:26 +0000

Man, put that guy next to Steve Balmer in one of those “Separated at Birth?” photos!

That would ’splain a lot…

By: GadgetGav

GadgetGav — Mon, 29 Oct 2007 02:53:07 +0000

I think that’s Scott’s own anal-ysis on the ThinkSecret rumor of a slim MacBook in early Nov. Personally, I think that is quite likely if you look back at the MacBook release and update history. Maybe Scott just thought he knew better and that somehow Apple would break the mold of years of hardware and software releases.

I wish I could get a job like Scott’s… I wonder how much it pays.

By: lastof

lastof — Mon, 29 Oct 2007 01:00:16 +0000

I’m still betting that we will see a piece from him criticising apple for failing the release the widely reported ultra-portable 13-inch laptop due to technical issues that are very serious but that his sources won’t disclose.