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On Tue, 2 May 1995, amandell wrote:

> Stan wrote:
> editors can do most of the needle-in-a-haytack work for us, just as  
> they do
> now in printed papers. '"

> This is the point.  The emphasys is on "editors who choose the news  
> for us" and present them in the most communicative effective way.   

We will probably see much more of a breakdown my subject as well.  Local 
newspapers provided national news because this was more practical than 
depending on a national publication.  Until USA Today and the Wall Street 
Journal started feeding presses by sattellite, the Lead/Lag time from 
wire to delivery was substantial - as much as 3 days.  Today, we can 
almost get the news before it happens.  We can have the agenda for the 
president available and fill in the "sound bytes" with URLs as they 
become available during the day.

> What is the role of journalist if not this?
The journalist provides two roles.  One is to filter, or reduce, the
other is to get more - what isn't in the Press Release.  How do analysts 
react?  How will markets react?  How is the stock reacting...

That role doesn't go away either, but On-line sources may make it easier 
to get that feedback nearly instantly.

	Rex Ballard


From rballard@cnj.digex.net Mon May  8 03:17:30 1995