N4 perhaps, but Ellen Sheng created a contract in her head & then wrote as if it were fact.
'voids can call Callahan or Collins & get info but a DJ reporter cannot?!?
The mistake was bad... the "correction" is outrageous.
And while the verge of insolvency slant is factual, it has nothing to do with the actual story -- if it did, it would have appeared in earlier reports.
This kind of crap happens all the time, the Portland confusion is one thing (& generally innoccuous), but now anyone reading a future Wave PR will be looking w/a very skeptical eye, so that Ms. Sheng could do some CYA.
If I was her editor, I'd fire her -- not for the mistake (that can happen though is still inexcusable), but rather for the completely deceptive "correction."
it's pathetic IMO & I'd hope that Sprague addresses this somehow. (BTW, i think Wave PR dept should be seeking to book him on CNBC given the volume & price run, but really to help explain to the investing public just what Trusted Computing is all about (& w/the WXP/Howard Dean fundraising story, there is plenty here for a story editor to "get" - an easier sell than the last appearance SKS made IMO).
anyway,
SPIN