Comments on: Let the Sun shine in http://blogs.reuters.com/blog/2007/07/26/let-the-sun-shine-in/ Just another Blogs.reuters.com weblog Sun, 29 Nov 2009 09:03:09 +0000 http://wordpress.org/?v=2.6.2 By: Tom Becktold http://blogs.reuters.com/blog/2007/07/26/let-the-sun-shine-in/#comment-233097 Tom Becktold Wed, 01 Aug 2007 19:20:49 +0000 http://blogs.reuters.com/2007/07/26/let-the-sun-shine-in/#comment-233097 Sun Spots: Blinded by the Light. The evidence suggests that Sun's high-profile experiment had decidedly mixed results; in Business Wire's view, it was clearly not the great leap forward that Schwartz had touted for months on his blog. We got "Page Not Found" messages when trying to access Sun's release on their blog for six minutes. That's an eternity in the world of financial markets. With commercial news wires, everyone has equal, unrestricted access to material news announcements. The playing field is indeed level. Further, Business Wire's presence on the internet, in conjunction with its myriad distribution channels, far eclipses any individual company's web posting. And yes, we even offer RSS feeds at no charge. Our full post on this issue is at http://businesswired.wordpress.com/ -Tom Becktold, Business Wire Sun Spots: Blinded by the Light.
The evidence suggests that Sun’s high-profile experiment had decidedly mixed results; in Business Wire’s view, it was clearly not the great leap forward that Schwartz had touted for months on his blog. We got “Page Not Found” messages when trying to access Sun’s release on their blog for six minutes. That’s an eternity in the world of financial markets. With commercial news wires, everyone has equal, unrestricted access to material news announcements. The playing field is indeed level. Further, Business Wire’s presence on the internet, in conjunction with its myriad distribution channels, far eclipses any individual company’s web posting. And yes, we even offer RSS feeds at no charge.

Our full post on this issue is at http://businesswired.wordpress.com/
-Tom Becktold, Business Wire

]]> By: Joel http://blogs.reuters.com/blog/2007/07/26/let-the-sun-shine-in/#comment-226713 Joel Sat, 28 Jul 2007 00:15:59 +0000 http://blogs.reuters.com/2007/07/26/let-the-sun-shine-in/#comment-226713 Schwartz seems to be ignorant of who the wire services reach in this day and age. They are not ONLY available to financial institutions with subscriptions. Sun's own releases on PR Newswire are instantly accessible to users on Yahoo! Finance, Google, AOL (and MANY more) and any user that signs up for the wire's free RSS feed or email delivery (and both wires have that). Rather than give "regular investors equal access to information on PCs and mobile devices" (access which they already HAVE), he's actually taking away instant access from this audience by making them get the information from the Sun site directly (or wait for 10 minutes). Again, he's either woefully ignorant about how these things work...or he's being deliberatly disingenuous in order to save some $$$ from his wire service. Schwartz seems to be ignorant of who the wire services reach in this day and age. They are not ONLY available to financial institutions with subscriptions. Sun’s own releases on PR Newswire are instantly accessible to users on Yahoo! Finance, Google, AOL (and MANY more) and any user that signs up for the wire’s free RSS feed or email delivery (and both wires have that). Rather than give “regular investors equal access to information on PCs and mobile devices” (access which they already HAVE), he’s actually taking away instant access from this audience by making them get the information from the Sun site directly (or wait for 10 minutes). Again, he’s either woefully ignorant about how these things work…or he’s being deliberatly disingenuous in order to save some $$$ from his wire service.

]]> By: Ian Kemmish http://blogs.reuters.com/blog/2007/07/26/let-the-sun-shine-in/#comment-226236 Ian Kemmish Fri, 27 Jul 2007 13:02:59 +0000 http://blogs.reuters.com/2007/07/26/let-the-sun-shine-in/#comment-226236 It's hard to see what difference this will make. How many retail investors do you know who can react to a press release in the sub-hundred millisecond range that the latest analysis-and-programmed-trade systems can? It’s hard to see what difference this will make. How many retail investors do you know who can react to a press release in the sub-hundred millisecond range that the latest analysis-and-programmed-trade systems can?

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