Buy custom Investors, Beware The Press Release
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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1251 |
Essay's paper body
Schwartz, president and CEO of G.S. Schwartz & Co., a New York public-relations firm.
Some companies are considered press-release ''blasters''--they put out a press release almost every day. ''Companies create questionable new 'divisions,' 'mergers,' and 'products' just to stay on investors' radar screens,'' says Robert V...
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Green, an analyst at financial Web site Briefing.com Inc.
In fact, a pending class action against eConnect, filed by investors, alleges that one press release announced a false strategic alliance with a financial concern. Another allegedly announced the false acquisition of a sports company. An eConnect spokesman explains: ''Shareholder suits are not uncommon when there is a precipitous drop in the stock price...
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General points of the essay
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Investors, Beware The Press Release
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The important of Press Release
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