Categories: OLD Media Moves

TheStreet.com's Fuchs and Barron's Savitz in a tiff

Apparently Barron’s writer Eric Savitz didn’t take too kindly to TheStreet.com’s Marek Fuchs criticizing him for writing the same story about Microsoft stock over and over again.

Fuchs wrote, “He first said that my coverage was obnoxious. To this, I must say: I resemble that accusation. But beyond that, he only had one point I agreed with — and even that was pretty close to semantics.

“Savitz held my hand through Microsoft’s middling stock performance in a great market. He went over its revenue and profit growth and compared it with other software companies, all to prove to me that his call on Microsoft hadn’t been terrible.

“But his call was that Microsoft was a growth stock. That has been a bad one — and once again, my major criticism was not that he misled investors with his (so far, misguided) call but that he misled them by not letting them know it was the third time that he had been making the same precise call without being right. (He knew enough to do this in his second article, by the way, but dropped it by the third.)”

Read more here. Savitz full response can be found here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

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